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Airline Stocks Cheer Delta's Upbeat Report
Schaeffers Investment Research·2025-07-11 03:56

Delta Air Lines Inc (NYSE:DAL) stock is up 12.4% to trade at 56.99today,aftertheairlinerstoplinebeat forthesecondquarter.Moreimportantly,CEOEdBastiantoldCNBCthatbookingshavestabilizedafterlowerdemandinthespring,andDeltasprofitoutlookfor2025hasbeenreinstated.Thereporthassenttremorsthroughtheairlinesector. AmericanAirlinesGroupInc(NASDAQ:AAL)stockis1456.99 today, after the airliner's top-line beat for the second quarter. More importantly, CEO Ed Bastian told CNBC that bookings have stabilized after lower demand in the spring, and Delta's profit outlook for 2025 has been reinstated. The report has sent tremors through the airline sector. American Airlines Group Inc (NASDAQ:AAL) stock is 14% higher to trade at 13.13, last seen trading at its highest level since early March. While the shares ar ...