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Although 50.3% of the U.S.’ vaccination eligible population is now fully vaccinated for COVID-19, the demand for leisure travel, which increased earlier this summer, has started to decline with the rapid spread of the COVID-19 Delta variant. In fact, many airline operators expect the resurgence of COVID-19 to darken the industry’s recovery prospects through the fall. So, both DAL and ALK could witness a decline in passengers in the coming months.
While DAL’s stock has gained 17.9% in price over the past nine months, ALK has surged 34.1%. ALK is also a clear winner with 52.5% gains versus DAL’s 39.3% in the past year’s performance. But, given the industry’s near-term prospects, are either of these stocks worth buying now? Let’s see how they compare in terms of financials and growth prospects.
