DAL - Investors shy away from airline sector as uncertainty reigns
Airline stocks are underperformers on the day as the drama over more government aid continues to play out even as some major airlines agree to delays in pilot furloughs. Of course, the main problem in the industry of too few bookings is a global one that is expected to last for a while. Carriers are still cutting capacity as demonstrated in the chart below from the Centre of Aviation. Notable decliners include Mesa AIR ([[MESA]] -2.3%), Spirit Airlines ([[SAVE]] -3.5%), American Airlines Group ([[AAL]] -2.1%), United Airlines ([[UAL]] -1.8%), Delta Air Lines ([[DAL]] -2.5%), JetBlue ([[JBLU]] -2.0%) and Southwest Airlines ([[LUV]] -2.2%).
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Investors shy away from airline sector as uncertainty reigns