TOKYO -- Investors are pouring money into global airline stocks, with an index for the sector reaching its highest level in two years as post-pandemic travel demand recovers and fuel prices stabilize.
The MSCI All World Stock Index for airlines rose to 97.44 points on Wednesday, the highest since June 2021. At the end of 2019, before the coronavirus pandemic devastated the industry, the index was around 120 points.
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