Reported about 7 hours ago
Major US airlines are experiencing a significant boost in stock prices as demand for premium travel skyrockets. Delta and United have seen remarkable increases, with stock gains of 60% and 134%, respectively, since the start of the year. Analysts attribute this surge to higher margins from premium offerings, which include perks such as extra legroom and refundable tickets. Despite challenges like rising maintenance costs and pilot wages, the industry anticipates strong performance in the coming months, particularly with an expected record number of travelers during the Thanksgiving holiday.
Source: YAHOO