Following JetBlue (JBLU), on December 5, 2024 the shares of United Airlines (UAL, Financial), Southwest Airlines (LUV, Financial) and Delta Air Lines (DAL, Financial) soared today, rising more than 4%. Promising holiday bookings as we head into the Christmas and New Year holidays fueling the increase.
United Airlines (UAL, Financial):
United Airlines is expecting the busiest holiday season ever. Its level of bookings has risen sharply, with a near 30% rise to Europe when compared to pre-pandemic levels in 2019. They're planning to offer nearly 60 nonstop flights each day from the U.S. to Europe during November and December.
Southwest Airlines (LUV, Financial):
Southwest too has stated strong record holiday bookings with demands higher than expected. The robust bookings made them raise their guidance for the fourth quarter forecast.
Delta Air Lines (DAL, Financial):
Delta is experiencing robust holiday bookings with Las Vegas as a top domestic destination with winter travel bookings up 46% year-over-year. For international travel, flights to Panama increase 200% in bookings compared to last year.
As the airlines gearing up for busier and more profitable holiday season the airline trio fly together today.
