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Airline stocks rally following oil inventory report

  • Strong gains across the airline sector after oil prices move in the right direction after inventories increase.
  • What to watch: The West Coast port slowdown is now a factor in the jet fuel market (Platts breakdown).
  • Gainers: Republic Airways (RJET) +4.7%, Delta Air Lines (NYSE:DAL) +4.1%, JetBlue (NASDAQ:JBLU) +3.9%, Southwest Airlines (NYSE:LUV) +2.6%, United Continental (NASDAQ:UAL) +2.8%, American Airlines Group (NASDAQ:AAL) +2.1%, United Continental (UAL) +2.5%, Spirit Airlines (NASDAQ:SAVE) +2.6%, Virgin America (NASDAQ:VA) +2.1%, Allegiant Travel (NASDAQ:ALGT) +1.8%, Hawaiian Holdings (NASDAQ:HA) +1.2%.

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SymbolLast Price% Chg
RJETQ--
Republic Airways Holdings, Inc.