SAVE - Optimism over a stimulus deal helps lift airline stocks
The airline sector is in positive territory with talks between Speaker Nancy Pelosi and Treasury Secretary Steven Mnuchin said to be going well.It is believed that around $25B would be carved out for airlines from a new stimulus deal.Legislation needs to be written this week to be enacted before the election.Sector watch: American Airlines ([[AAL]] +3.3%), Delta Airlines ([[DAL]] +2.8%), Southwest Airlines ([[LUV]] +2.5%), United Airlines ([[UAL]] +2.6%), JetBlue ([[JBLU]] +2.3%), Hawaiian Holdings ([[HA]] +3.1%), Alaska Air Group ([[ALK]] +2.9%), Allegiant Travel ([[ALGT]] +3.3%), Spirit Airlines ([[SAVE]] +4.8%), Mesa Airlines ([[MESA]] +2.9%) and SkyWest ([[SKYW]] +2.8%).
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Optimism over a stimulus deal helps lift airline stocks