Airlines have faced plenty of headwinds lately, but consumer demand doesn’t appear to be one of them.
On Tuesday, Delta Air Lines (NYSE: DAL), American Airlines Group (NASDAQ: AAL), Allegiant Travel Co. (NASDAQ: ALGT), and JetBlue Airways Corp. (NASDAQ: JBLU) raised their first-quarter revenue outlooks, all citing stronger-than-expected travel demand. The upbeat guidance may come as a surprise, as it hasn’t exactly been smooth flying for the airline industry in recent months.
