Seeking Alpha

Giddy days for airline stocks

  • Airline stocks shoot higher as the sector continues to see the pieces fall into place for higher profits (Previous: IATA forecast).
  • Lower fuel costs and higher fares are lining up just as the industry looks settled for a period of tight capacity discipline. It's already been a banner year for a number of airline stocks which have put in audacious gains.
  • Advancers: JetBlue (JBLU) +3.8%, Southwest Airlines (LUV) +3.5%, Republic Airways (RJET) +2.1%, United Continental (UAL) +1.9%, Delta Air Lines (DAL) +1.8%. Spirit Airlines (SAVE) +1.7%, Hawaiian Holdings (HA) +1.6%.
Comments (2)
  • Only 4 months late with this news.
    http://seekingalpha.co...

     

    We saw this coming a mile off.
    12 Dec 2013, 12:53 PM Reply Like
  • Mmmm. Since we're talking airlines generally, check Air New Zealand, absolutely not in the same boat as the parlous QANTAS - strong profits, very good rep. Disclosure: I don't, but perhaps I should.
    12 Dec 2013, 09:07 PM Reply Like
DJIA (DIA) S&P 500 (SPY)