Why Airline Stocks Are Flying Higher Again Today

The news Wednesday was mostly positive, and that pushed shares of United Airlines Holdings (NASDAQ: UAL), Delta Air Lines (NYSE: DAL), American Airlines Group (NASDAQ: AAL), JetBlue Airways (NASDAQ: JBLU), and Spirit Airlines (NYSE: SAVE) up as much as 5% apiece. Airline stocks have come a long way since their spring 2020 lows, but the industry is still feeling the impact of the pandemic. This has been a year of recovery, but the industry is still vulnerable, and any return to 2020 lockdowns and travel restrictions would create the potential for new headaches.