Shares of several airline companies, including Delta Air Lines, Inc. DAL, United Airlines Holdings Inc UAL and American Airlines Group Inc AAL are trading higher by 2.4%, 3.7% and 2.8%, respectively, after multiple companies in the space gave positive business updates at the Wolfe Research Global Transportation & Industrials Conference.
Atlanta-based Delta Air Lines is one of the world's largest airlines, with a network of over 300 destinations in more than 50 countries.
United Airlines is the world's third-largest airline by scheduled revenue passenger miles. United operates a hub-and-spoke system that is more focused on international travel than legacy peers.
American Airlines is the world's largest airline by scheduled revenue passenger miles. After completing a major fleet renewal, the company has the youngest fleet of U.S. legacy carriers.
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