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Airline Stocks Are Up High And May Stay There

AirplaneToday’s article discusses how the airline stocks are benefiting from the low oil prices. Here’s what they had to say, “According to Gina Sanchez of Chantico Global, the fundamentals for oil continue to point lower. She anticipates a continued drop in fuel costs that will propel airline stocks higher still. “Expect oil to be lower for longer,” Sanchez said. “There’s room to go in terms of the airlines. If you look at American Airlines, jet fuel costs are a third of their operating costs. So when oil is down, it has an immediate and massive impact to their profitability.”” To read more, CLICK HERE.