Airline stocks lifted by American unit revenue forecast

|By:, SA News Editor

American Airlines Group (AAL +4.1%) rallies after the company lifted it outlook for Q4 unit revenue to -1% to +1% growth vs. -2.5% to -0.5% prior forecast.

The airline also expects improved yields, despite the increase in oil prices.

United Continental (UAL +2.7%), SkyWest (SKYW +1.9%) and JetBlue (JBLU +1.6%) are also tracking higher on the day off the positive sector read.

Related ETF: JETS.