The International Air Transport Association, consisting of 290 commercial airlines, noted on Tuesday that conflicting travel bans and guidelines are making it difficult for them to recover. Director General Willie Walsh said, “People want to fly. We’ve seen strong evidence of that. They can’t fly because we have restrictions that are impeding international travel.” The blame for this, according to the airlines, lies with variations in travel rules in the top 50 markets. While the IATA expects international travel to double in 2022, it got an early boost when the Biden Administration announced it plans to reopen the U.S. to travelers starting in November. After the news broke, United Airlines ($UAL@US) stock was down nearly 1%, Delta ($DAL@US) was down nearly half a percent and American Airlines ($AAL@US) rose 0.37%.
