Airline stocks on the rise as Q2 bookings impress

|By:, SA News Editor

Airline stocks are getting a lift today after a note from UBS to clients sheds some light on why revenue growth could impress.

The firm's early read on the sector's Q2 bookings shows it tracking at a solid 5.5%-6.0% Y/Y growth pace.

Advancers: Hawaiian Holdings (HA) +3.2%, Delta Air Lines (DAL) +3.3%, Alaska Air Group (ALK) +2.5%, Spirit Airlines (SAVE) +2.5%, American Airlines (AAL) +2.2%, Republic Airways (RJET) +1.6%, Allegiant Travel (ALGT) +1.5%.