Why Airline Shares Are Rallying Higher Again Today
Shares of American Airlines Group (NASDAQ: AAL) led the sector higher for the second straight day, up more than 20% at 11 a.m. EDT, but the rally was widespread. Shares of United Airlines Holdings (NASDAQ: UAL), Spirit Airlines (NYSE: SAVE), and JetBlue Airways (NASDAQ: JBLU) were up double-digits, and Delta Air Lines (NYSE: DAL), Southwest Airlines (NYSE: LUV), Hawaiian Holdings (NASDAQ: HA), Alaska Air Group (NYSE: ALK), and Allegiant Travel (NASDAQ: ALGT) gained more than 4% apiece.
