Why Are Airline Stocks Up Today?

Airline stocks are up today as a strong earnings report from United Airlines (NASDAQ:UAL) is lifting up companies in the sector on Wednesday.The earnings report starts off well with United Airlines reporting an adjusted loss of 15 cents per share. That’s better than the adjusted loss of 57 cents per share that Wall Street was expecting.Helping send airline stocks up today is the company’s revenue of $12.54 billion. That was able to beat out Wall Street’s revenue estimate of $12.45 billion for the period.Ano ...