A quiet day on Wall Street turned into a major win for airline investors Thursday, as Delta Air Lines Inc. (NYSE:DAL) surged 12% after posting second-quarter results that topped both earnings and revenue expectations, while indicating a strong demand outlook, sparking a broad rally across the sector.
Shares of American Airlines Group Inc. (NASDAQ:AAL) jumped 12.5% and United Airlines Holdings Inc. (NASDAQ:UAL) rallied 13.5%. The U.S. Global Jets ETF (NYSE:JETS), which tracks airline stocks, soared 7.2% for its best day since the 90-day tariff pause in April.
