DAL - United leads airline stocks higher after forecasting positive cash flow
United Airlines ([[UAL]] +8.9%) is the latest airline to set a better-than-expected forecast for the current quarter. United says it has seen improvement in customer demand for travel and new bookings compared to previous estimations in recent weeks. In what could be a huge development for the airline sector, United now expects core cash flow for the month of March to be positive if the current trajectory of bookings improvement is sustained. SEC Form 8-K Sector watch: American Airlines Group ([[AAL]] +8.5%), JetBlue ([[JBLU]] +4.4%), Hawaiian Holdings ([[HA]] +5.0%), Allegiant Travel ([[ALGT]] +3.3%), Alaska Air Group ([[ALK]] +3.5%), Mesa Air ([[MESA]] +2.9%) and Delta Air Lines ([[DAL]] +4.4%). See details on Southwest's and JetBlue's improved forecast.
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United leads airline stocks higher after forecasting positive cash flow