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3 Airline Stocks Soaring Amid Sector-Wide Tailwinds
AALAAG(AAL) Schaeffers Investment Research·2024-09-26 16:33

Airline stocks are taking off today, as Southwest Airlines (LUV) soars towards its best day since 2020 after hiking its third-quarter revenue forecast and authorizing a 2.5billionstockbuybackprogram.Inresponse,threemajorsectorplayers, AmericanAirlinesGroupInc(NASDAQ:AAL), DeltaAirLines,Inc. (NYSE:DAL),and UnitedAirlinesHoldingsInc(NASDAQ:UAL),areseeingbigtailwinds.AmericanAirlinesstockwaslastseen7.12.5 billion stock buyback program. In response, three major sector players, American Airlines Group Inc (NASDAQ:AAL), Delta Air Lines, Inc. (NYSE:DAL), and United Airlines Holdings Inc (NASDAQ:UAL), are seeing big tailwinds.American Airlines stock was last seen 7.1% higher at 11.78.  A familiar ceiling at the $12 level that has provided re ...