AirlineStocks

Airline Stocks Despite Travel Alert

Despite the State Department issuing a travel alert Sunday following the killing of infamous terrorist Osama Bin Laden, Wall Street analysts expect airline stocks to continue their upward ride Monday.

Delta Reports Second Quarter Earnings of $467 Million

Delta Air Lines (DAL) reported second-quarter earnings of $467 million , or 55 cents a diluted share, including special items. The company posted a loss of $257 million in the second quarter of 2009 The earnings were driven by a 19% increase in passenger revenue, which rose to $7 billion, the company said in a statement. Cargo revenue advanced 22%.