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Airline stocks bounce on improved unit revenue outlook

Published 11/29/2017, 10:36 AM
© Reuters.  Airline stocks bounce on improved unit revenue outlook
JBLU
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LUV
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DAL
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UAL
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ALGT
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HA
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SAVE
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SKYW
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ALK
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AAL
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JETS
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  • UBS is positive on the airline sector in a fresh note to clients.
  • Analyst Darryl Genoversi thinks the crucial passenger revenue per available seat mile metric may be tracking ahead of expectations in Q4 based off of travel agency data and industry meetings.
  • He expects at least a few airline companies to raise guidance when they issue their November traffic reports next week.
  • Source: Bloomberg
  • U.S. airline stocks: Delta Air Lines (DAL +2.6%), United Continental (UAL +1.9%), Spirit Airlines (SAVE +3%), Hawaiian Holdings (HA +2.7%), Alaska Air Group (ALK +1.8%), Southwest Airlines (LUV +4.1%), JetBlue (JBLU +3.8%), American Airlines Group (AAL +2.2%), SkyWest (SKYW +1.1%), Allegiant Travel (ALGT +3.5%).
  • Related ETF: JETS.
  • Now read: Delta: Q3 Was More Of A Breeze Than A Storm


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