6:04 PM · 26 May 2022

U.S. airline stocks rebound after strong Q2 outlook

U.S. airline stocks are seeing gains today due to optimistic forecasts from Southwest (LUV.US) and JetBlue (JBLU.US) for second-quarter earnings in 2022. Factors that could support the airlines' results include continued high ticket prices and strong passenger demand. Southwest projected second-quarter revenue growth of more than 12-15% over 2019 levels. JetBlue forecast revenue growth of more than 16%.

Today's results from major US airlines. Source: xStation 5

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