Shares of some airline stocks are trading higher. The sector may be on watch after Boeing struck a tentative deal to avert a strike.
Portfolio Pulse from Benzinga Newsdesk
Airline stocks are trading higher following Boeing's tentative deal to avert a strike, which may positively impact the sector.
September 09, 2024 | 7:39 pm
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POSITIVE IMPACT
Delta Air Lines shares are trading higher as Boeing's tentative deal to avert a strike may positively impact the airline sector.
Boeing's deal to avert a strike reduces potential disruptions in aircraft supply, which is beneficial for airlines like Delta that rely on Boeing for their fleet.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 70
POSITIVE IMPACT
United Airlines shares are trading higher due to Boeing's tentative deal to avert a strike, which may benefit the airline sector.
The tentative deal by Boeing to avert a strike is likely to prevent supply chain disruptions, positively impacting airlines like United that depend on Boeing aircraft.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 70