Buy Delta once travel demand normalizes, trader says

Airline stocks are taking off again on a rush of hopeful news. The JETS global airlines ETF rallied more than 5% to begin the week after American Airlines announced use of a new disinfectant approved by the Environmental Protection Agency and Delta said it has plans...

Southwest sees ‘modest’ improvement in demand but cuts flights

Southwest Airlines on Wednesday reported “modest” improvements in passenger demand this month as vacationers booked last-minute trips despite the coronavirus pandemic. Cash burn for the third quarter will likely improve slightly to $20 million a day, up...