Europe is heading back into lockdown, but when travel resumes, these are the 3 European airline stocks to own, Morgan Stanley says

FILE PHOTO: Ryanair aircraft parked on the tarmac. ReutersDespite many European countries facing new lockdown restrictions, Morgan Stanley in a note on Tuesday said it remains “cautiously optimistic” about a gradual return to travel. Morgan Stanley’s equity analyst Carolina Dores breaks down the four reasons why demand for travel is still present and the 3 European airline stocks to buy to capitalize on pent-up demand and a travel recovery. “The International Air Transport Association demand estimates are more positive for intra-EU than long haul,” Dores said - European airlines are best positioned for this form of recovery. Morgan Stanley also outlines selling opportunities of airline stocks that could rally on positive travel news. Visit Business Insider's homepage for more stories. Many European countries are facing a "second wave" of coronavirus cases. The United Kingdom and certain cities in France, Germany and Spain have implemented tighter restrictions following the rise in cases. While many in Europe face some form of restriction on movement, some investors are looking to capitalize on the current environment to secure airline stocks at a discount. Morgan Stanley is expecting a gradual return to flying. In a note on Tuesday, Morgan Stanley equity analyst, Carolina Dores, To keep reading about Europe is heading back into lockdown, but when travel resumes, these are the 3 European airline stocks to own, Morgan Stanley says, Click on the link. Seoul, Korea
http://dlvr.it/RhKCpF