Why Airline Stocks Took Off This Morning

Lou Whiteman, The Motley Fool

June 28, 2022 at 3:15 p.m.·3 min read

A pair of headlines gave airline stocks a lift on Tuesday morning, with shares of United Airlines Holdings (NASDAQ: UAL), American Airlines Group (NASDAQ: AAL), Delta Air Lines (NYSE: DAL), and JetBlue Airways (NASDAQ: JBLU) all up between 5% and 7% soon after the open. The so-called "legacy" carriers -- United, American, and Delta -- are also the nation's primary international airlines, and pre-pandemic China was an important growth market for international traffic. JetBlue was up on a development in its effort to wrestle Spirit Airlines (NYSE: SAVE) from merger partner Frontier Group Holdings (NASDAQ: ULCC).

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