Airline Stocks Soar
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United Airlines soared by 14.33 percent on Thursday to close at $91.67 apiece as sentiment was bolstered by upbeat comments about the overall travel industry and investor repositioning ahead of the
Delta Air Lines Inc.’s stock soared in morning trading Thursday after the air carrier topped Wall Street’s estimates for second-quarter profit and revenue and restored its full-year guidance.
Delta Air Lines (DAL) reported fourth quarter results that beat Wall Street's expectations. The company also reinstated its 2025 profit outlook, citing "greater clarity" after President Trump's tax bill passed.
American Airlines snapped a three-day losing streak on Thursday, surging 12.72 percent to close at $12.94 apiece as investors repositioned portfolios ahead of the release of its second quarter
Analysts expect that airlines will have a tepid earnings season as tariff uncertainty and declining U.S. dollar weigh on the industry.
Delta Air Lines, the world’s largest carrier by revenue, reported upbeat second quarter results and reinstated its guidance as growing economic clarity deflects headwinds resulting from a global trade war.
After withdrawing its outlook in April, Delta is again forecasting a profit—though at a significantly lower level than originally projected.