Airline stocks to watch in 2024: Companies that are best positioned

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  • čas přidán 25. 06. 2024
  • Delta Air Lines (DAL), United Airlines (UAL), and American Airlines (AAL) are moving higher in 2024, all three seeing year-to-date gains. TD Cowen Managing Director Helane Becker and Citi Managing Director Steve Trent weigh in on the strength of airline operators amid 2024 travel forecasts.
    While stating incentives like customer loyalty programs can drive revenues, Trent believes airline stock prices could see some moderation: "It's possible that we won't see them as high as they've been over the last year and a half, but a fair bit of that is coming down to oil prices. We did, of course, have a lot of pressure from jet fuel prices, 2022 and into 2023. So some of that moderation should be related to fuel. When we think about this from an ex-fuel perspective, we do think there should be stability, even some upside in fares..."
    "Our hope is that the government doesn't shut down because the FAA reauthorization expires March 8 - it was punted to early March which is just two weeks away...," Becker says on oversight concerns tied to the airline industry. "We just need to have continuity in that regard because if we don't, air travel is going to get worse than it already is. I don't think anybody would give airlines really high marks for the service that they deliver..."
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Komentáře • 2

  • @jasonli8142
    @jasonli8142 Před 23 dny

    How do I start to invest in airlines please help I use e toro can I invest there on airlines

  • @Acquisition1913
    @Acquisition1913 Před 3 měsíci

    Audio on Ms Becker bad