Airline Stocks To Consider - October 19th

Key Points

• United Airlines, Joby Aviation, and American Airlines Group are the top airline stocks to watch, indicating significant market activity and potential for growth.
• As a sector, airline stocks are typically cyclical and volatile, influenced by factors like fuel prices and travel demand.
• Joby Aviation is focusing on developing an electric vertical takeoff and landing aircraft for aerial ridesharing, highlighting innovation in the aviation industry.

United Airlines, Joby Aviation, and American Airlines Group are the three Airline stocks to watch today, according to MarketBeat's stock screener tool. Airline stocks are shares of publicly traded companies that operate passenger and cargo air transportation services, including major carriers, regional airlines, and cargo-only firms. They represent ownership stakes in those companies and entitle shareholders to potential dividends and capital gains. As a sector, airline stocks are typically cyclical and relatively volatile—sensitive to fuel prices, travel demand, economic conditions, labor agreements, and regulatory or geopolitical events—so investors often monitor metrics like load factor, capacity and yields when evaluating them. These companies had the highest dollar trading volume of any Airline stocks within the last several days.

United Airlines (UAL)

United Airlines Holdings, Inc., through its subsidiaries, provides air transportation services in North America, Asia, Europe, Africa, the Pacific, the Middle East, and Latin America. The company transports people and cargo through its mainline and regional fleets. It also offers catering, ground handling, flight academy, and maintenance services for third parties.

Read Our Latest Research Report on UAL

Joby Aviation (JOBY)

Joby Aviation, Inc., a vertically integrated air mobility company, engages in building an electric vertical takeoff and landing aircraft optimized to deliver air transportation as a service. The company intends to build an aerial ridesharing service, as well as developing an application-based platform that will enable consumers to book rides.

Read Our Latest Research Report on JOBY

American Airlines Group (AAL)

American Airlines Group Inc., through its subsidiaries, operates as a network air carrier. The company provides scheduled air transportation services for passengers and cargo through its hubs in Charlotte, Chicago, Dallas/Fort Worth, Los Angeles, Miami, New York, Philadelphia, Phoenix, and Washington, D.C., as well as through partner gateways in London, Doha, Madrid, Seattle/Tacoma, Sydney, and Tokyo.

Read Our Latest Research Report on AAL