Motley Fool
Why Airline Stocks Are Flying High Today
A prominent analyst just issued an upgrade of Southwest Airlines (NYSE: LUV), and his rationale has the whole sector taking flight. Shares of Southwest, Delta Air Lines (NYSE: DAL), United Airlines Holdings (NASDAQ: UAL), and JetBlue Airways (NASDAQ: JBLU) were all up more than 5% on Friday morning on commentary that the post-pandemic aviation recovery is far from over. It’s been a turbulent few years for airline stocks, with shares initially hit hard by the pandemic on fears that the drop in travel demand would lead to a rash of airline bankruptcies.
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