AAL, DAL, LUV: Permanent Structural Change In Leisure Demand For Airlines

The market seems surprised by better-then-expected earnings, says Tim Lesko on airlines. He and Lee Bohl discuss the outlook for the airline sector. Lee notes that there is a permanent structural change in leisure demand because of hybrid work flexibility. He also says that capacity restraint and lower fuel prices should boost financial performance. Tim mentions that summer travel is ending and this is normally the business travel season. They then highlight airlines American Airlines (AAL), Delta Airlines (DAL), Southwest Airlines (LUV), and United Airlines (UAL). Tune in to find out more about the stock market today.