Why Airline Stocks Are Gaining Altitude Today

·3 min read
Why Airline Stocks Are Gaining Altitude Today

United Airlines Holdings (NASDAQ: UAL) raised its outlook for the current quarter, and it is giving a lift to the entire airline sector. Shares of United and JetBlue Airways (NASDAQ: JBLU) traded up as much as 7% by midday Tuesday, while shares of American Airlines Group (NASDAQ: AAL), Delta Air Lines (NYSE: DAL), Alaska Air Group (NYSE: ALK), Hawaiian Holdings (NASDAQ: HA), and Brazilian airline Azul (NYSE: AZUL) were all up 5% or more.

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