What's Going On With American Airlines And United Airlines Stock Tuesday

American Airlines Group, Inc. AAL and United Airlines Holdings, Inc. UAL shares are trading higher on Tuesday in sympathy with Delta Air Lines DAL, which raised its second-quarter and 2023 guidance.

What To Know:

Delta raised its second quarter and 2023 fiscal year guidance on Tuesday in the company's Investor Day presentation. The company forecast adjusted earnings per share of $2.25 to $2.50 for the second quarter, up from a previous range of $2 to $2.25 a share.

Delta CEO, Ed Bastian, said the company’s second-quarter earnings could be its highest ever for the April-June period and commented on CNBC's "SquakBox", “The demand as you know, as anyone that’s traveling knows, is off the chain.”

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AAL, UAL Price Action: According to Benzinga Pro, shares of American Airlines are trading nearly 6% higher at $17.40 and shares of United Airlines are trading 5.6% higher at $56.30 at the time of publication.

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