2023-06-02 08:53:00 ET
Airlines have benefited from buoyant demand since early 2022. Despite high inflation and recession fears, consumers (and business travelers, to a lesser extent) have been eager to return to the skies, making up for missed time.
Sky-high fuel prices have kept a lid on airlines' profits for most of this period, though. Fortunately, jet fuel prices have fallen dramatically in recent months. That's setting up airlines for an extremely profitable 2023.
So far, however, the stock market isn't giving them any credit. Alaska Air (NYSE: ALK) and Delta Air Lines (NYSE: DAL) shares look especially attractive.
For further details see:
2 Great Airline Stocks to Buy as Jet Fuel Prices Fall