Hunter Keay, a Wolfe Research & Co. analyst, also noted that airline shares only rose nine days over September and any positive momentum supporting the sector “has gone away.” due to a drop in fares across international markets.
Investors and U.S. citizens may be blowing the Ebola scare out of proportions. Keay reminds investors that “there is really no clear direct threat as it relates to U.S. airlines” since the spread of Ebola has largely been isolated to west Africa.
“There is no contamination risk as the patient has only developed symptoms several days after his arrival in the U.S.,” Wencke Lemmes, a spokesman, said in the Bloomberg article. “This means that if ever this person would have been on board of our flight, what we cannot exclude but not confirm either, there has never been a risk of contamination.”
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Max Chen contributed to this article.