Certain Sectors Have A Higher Sensitivity To Europe's Recovery

In the market crash of March 2020, European stock indices lost about seven years of gains 1 . European airlines, however, lost 25 years of gains in passenger numbers. The notion that airlines experienced meaningful turbulence during the pandemic would hardly surprise anyone. The extent of the damage done, however, might be a detail many aren’t aware of. For tactical investors, this presents a potential opportunity.