The ‘biggest problem’ is still lack of business travel, analyst explains

John Grant, Senior Aviation Analyst with tracking service OAG, joins Yahoo Finance Live to discuss how airline stocks have dropped as countries curtail air travel.

Video Transcript

Welcome back to Yahoo Finance. Well, we are seeing a new COVID variant, fears over it rocking Wall Street at the moment. The Dow is off by 967 points off session lows. It was down by over 1,000 points just a short time ago. But still a sea of red, the S&P and NASDAQ also tumbling. And want to take a look at oil prices also slumping with WTI oil seeing its