Why Airline Stocks Are Soaring Today

On Tuesday morning, airline investors were greeted with lower oil prices and positive commentary from the leadership teams of several different carriers. As a result, airline stocks are getting a boost.

Shares of Delta Air Lines (NYSE: DAL), United Airlines Holdings (NASDAQ: UAL), and American Airlines Group (NASDAQ: AAL) all traded up by as much as 10%, while Southwest Airlines (NYSE: LUV), JetBlue Airways (NASDAQ: JBLU), and Spirit Airlines (NYSE: SAVE) were all up 6% or more.

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Source Fool.com