Travel Demand Soars Despite Fuel Costs—Are Airline Stocks a Buy?

In a presentation released ahead of a JPMorgan Industrials Conference on Tuesday, Delta raised its revenue guidance, citing broad-based demand momentum among domestic and international travelers across both its leisure and corporate segments. The airline also pointed to stronger-than-expected growth in Maintenance, Repair, and Overhaul (MRO) revenue, which is running ahead of earlier projections.Those challenges have weighed on airline stocks in recent weeks, with most major carriers trading lower over the ...