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Why Airline Shares Are Up Today

Why Airline Shares Are Up Today

The vaccine-inspired rally in airline stocks continued on Tuesday, with industry shares soaring on talk the first COVID-19 vaccine will soon be deployed. American Airlines Group (NASDAQ: AAL) and United Airlines Holdings (NASDAQ: UAL) traded up as much as 10% on the day, while shares of Spirit Airlines (NYSE: SAVE) climbed more than 8%, and Delta Air Lines (NYSE: DAL), Southwest Airlines (NYSE: LUV), and JetBlue Airways (NASDAQ: JBLU) were each up more than 5% apiece during the trading day.