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Airline sector follows Delta lower

Published 06/06/2018, 09:47 AM
© Reuters.  Airline sector follows Delta lower
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  • There are some gentle declines in the airline sector after Delta Air Lines (DAL -2.9%) lowers its profit expectation for Q2.
  • Sector movers: American Airlines (NASDAQ:AAL) is down 1.20%, United Continental (NYSE:UAL) is off 0.40%, Hawaiian Holdings (NASDAQ:HA) shows a 0.95% decline, JetBlue (NASDAQ:JBLU) is down 1.11%, Southwest Airlines (NYSE:LUV) drops 0.77% and Alaska Air Group (NYSE:ALK) is 0.92% lower.
  • While higher oil prices are a known drag on airline profitability, there are also concerns that carriers are having trouble lifting fares on key routes.
  • Previously: Delta falls after guidance update (June 6)
  • Now read: Fuel Hedging To Help Southwest, Not Peers


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