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In addition, the Biden administration has plans to restrict travel from South Africa and seven other countries for non-U.S. citizens. This is expected to cause negative repercussions aplenty in the coming months.
So, we think it could thus be wise to avoid airline stocks Delta Air Lines, Inc. (DAL), Ryanair Holdings plc (RYAAY), United Airlines Holdings, Inc. (UAL), and Azul S.A. (AZUL) for now.
