As airlines flirt with profitability, analysts say it's time for investors to climb aboard
CNN
The US airlines reported yet another round of quarterly losses. It could very well be their last, as vaccine rates climb and planes fill with leisure travelers eager to go on vacation once again.
But airline stocks are all still down, and many analysts say this is a buying opportunity for investors. Delta Air Lines (DAL) announced Wednesday that it was profitable in June and expects to be solidly profitable for the rest of this year. United (UAL) expects to be profitable starting this month, and is moving ahead with expansion plans with its biggest jet order in its history. Other airlines are also signaling that a return to profitability is near. All the airlines are looking to hire staff as they ramp up capacity once again.
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