
SAS has had a flying start to the new year – the stock has currently surged nearly 15 percent during the first two trading days of 2022.
Airline stocks are generally trading strongly on stock exchanges around Europe on Tuesday.
At 10:30, SAS +12.69% shares are up 8.2 percent on the Stockholm Stock Exchange after Monday's rally of 6.6 percent. In Europe, the airline sector is a big winner on Tuesday, with Germany's Lufthansa, among others, rising 3.8 percent on the Frankfurt Stock Exchange.
On the London Stock Exchange, Ryanair is up just over 8 percent and in Paris, Airfrance is trading up 4.6 percent.
At the same time, the spread of the coronavirus is widespread around the world and at a record high in the United States, where 1 million people have been confirmed to be infected, which You reported on.
But investors who are betting on travel stocks as airlines may take note of reports that the new omicron variant causes a milder course of the disease compared to the delta variant. The risk of being hospitalized with covid-19 is halved if you are infected with omicron, the Danish infectious disease control authority said on Monday.
Source: di.se







