Forget Airlines, Look at Luggage

Airlines are not attractive right now, Morningstar analysts suggests a look at travel accessories instead.

Kate Lin, CAIA 07.06.2021
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Airplane through a window

The uneven distribution of vaccines across the globe indicates that recovery paths can look different across regions. Countries still reliant on lockdowns to curb the spread of the novel coronavirus have immediate control. But risks associated with occasional community spread are higher when distancing measures are removed, and these cities are also vulnerable to imported cases.

In the context of economic reopening, vaccination is believed to be sustainable and effective driver as it solves the root problem, said Ivan Su, Morningstar equity analyst.

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Securities Mentioned in Article

Security NamePriceChange (%)Morningstar Rating
Air China Ltd8.11 CNY1.63Rating
Cathay Pacific Airways Ltd6.31 HKD0.16Rating
China Eastern Airlines Corp Ltd4.74 CNY1.72Rating
China Southern Airlines Co Ltd6.19 CNY1.14Rating
Samsonite International SA14.70 HKD0.68Rating

About Author

Kate Lin, CAIA

Kate Lin, CAIA  is a Data Journalist for Morningstar Asia, and is based in Hong Kong

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