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Non-Tech : American Airlines Group, Inc.
AAL 28.58-0.2%Sep 18 3:59 PM EDT

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From: Sam6/13/2019 12:07:07 PM
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Airline stocks gain as more fare increases fired off

Jun. 13, 2019 11:42 AM ET|About: American Airlines Group Inc. (AAL)|By: Clark Schultz, SA News Editor

Airline stocks are in rally mode after JPMorgan points to another round of fare increases in the U.S.

JP analyst James Baker says American Airlines ( AAL +5.2%), Southwest Airlines ( LUV +2.8%) and Hawaiian Airlines ( HA +2.5%) all fired off increases of varying degrees on domestic flights.

Notable gainers included Spirit Airlines ( SAVE +2.8%), Mesa Air ( MESA +2.8%), Delta Air Lines ( DAL +2%), United Continental ( UAL +3.6%), Allegiant Travel ( ALGT +3%) and SkyWest ( SKYW +2.1%).

Today's rally arrives even with crude oil prices up over 3%.

seekingalpha.com
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