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Airline stocks fly after earnings, but shutdown could cause turbulence
Airline stocks are flying high on Thursday, following upbeat earnings reports from American Airlines Group Inc., JetBlue Airways Corp. and Southwest Airlines Co.
American Airlines AAL, +4.30% was the biggest gainer of the pack at the open, and shares are now up 6%. The company topped expectations with its earnings and passenger revenue and discussed plans to expand at the Dallas airport, one of its most profitable hubs. Southwest LUV, +5.09% beat on the top and bottom lines as well, though the company missed expectations for its load factor. JetBlue JBLU, +3.83% rounded out the trio with another set of beats, though the company warned that the timing of Easter and Passover this year will likely impact revenue comparisons for the first quarter.
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https://www.marketwatch.com/story/airlin...2019-01-24
Airline stocks are flying high on Thursday, following upbeat earnings reports from American Airlines Group Inc., JetBlue Airways Corp. and Southwest Airlines Co.
American Airlines AAL, +4.30% was the biggest gainer of the pack at the open, and shares are now up 6%. The company topped expectations with its earnings and passenger revenue and discussed plans to expand at the Dallas airport, one of its most profitable hubs. Southwest LUV, +5.09% beat on the top and bottom lines as well, though the company missed expectations for its load factor. JetBlue JBLU, +3.83% rounded out the trio with another set of beats, though the company warned that the timing of Easter and Passover this year will likely impact revenue comparisons for the first quarter.
...
https://www.marketwatch.com/story/airlin...2019-01-24
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