SAVE - Leisure airline stocks rally right past COVID headlines

guvendemir/E+ via Getty Images Airline stocks are taking back the ground lost yesterday and more as positive updates on booking trends override concerns over the Delta COVID variant. U.S. domestic airline names are outperforming global carriers for the most part. Analysts have also been out today defending the sector upside with more airlines poised to show profitable months in July and August. Advancers in afternoon trading include Allegiant Travel (ALGT) +7.30%, Mesa Air Group (MESA) +7.13%, SkyWest (SKYW) +6.89%, American Airlines (AAL) +6.55%, Sun Country Airlines (SNCY) +6.41%, JetBlue (JBLU) +6.33% and Spirit Airlines (SAVE) +6.15%. American Airlines is the U.S. airline stock with the highest Seeking Alpha Quant Rating.

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Leisure airline stocks rally right past COVID headlines