4 Top Airline Stocks For Your Watchlist Today

Airline stocks are gaining traction among investors in the stock market now. This is in light of the announcement made by the White House on Monday regarding the easing of travel restrictions. The United States plans to loosen the travel restrictions on all fully vaccinated foreign visitors starting in November. As of now, there are 33 countries including China, India, Brazil, and most of Europe that are in consideration. Well, this is a huge welcome for thousands of foreign nationals that have families in the U.S. and were kept apart for almost the entire pandemic. 

With this new development alone, investors are hopeful that airline stocks could begin to take off. Companies such as Delta Air Lines (NYSE: DAL) and Alaska Air Group (NYSE: ALK) will be stoked to receive such positive news. Undoubtedly, these are the companies that have suffered during the pandemic as almost the entirety of its operations were affected. So, would it be fair to say that now is a good time to keep tabs on the industry again? If you share the same sentiment, then here are four of the top airline stocks in the stock market today worth looking out for. 

Best Airlines Stocks To Watch Right Now

JetBlue Airways Corporation

First up, we have JetBlue Airways. Essentially, it is a passenger carrier company that provides air transportation services across the U.S., the Caribbean, and Latin America. Under normal circumstances, the company provides its customers a choice to purchase tickets from three branded fares. These include Blue, Blue Plus, and Blue Flex. Each provides different offerings, such as free checked bags, reduced change fees, and additional TrueBlue points.

In August, JetBlue Airways announced it has officially penetrated the transatlantic market. There will be a new nonstop service between New York’s John F. Kennedy International Airport (JFK) and London Heathrow Airport (LHR). This could potentially shake up the transatlantic market as the company’s award-winning service and attractive fares would probably draw traction among consumers. With this new service up and running, the company now operates in a total of 26 countries. 

It is noteworthy that JetBlue has appointed Ursula Hurley to Chief Financial Officer earlier this month. She will be responsible for the company’s overall financial strategies while overseeing the company’s real estate and strategic sourcing units. So, this appointment is a testament to her excellence of service as she leads the company through the pandemic. Now that JetBlue is in safe hands and with a clear vision ahead, would you add JBLU stock to your watchlist? 

JBLU stock chart
Source: TD Ameritrade TOS

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American Airlines Group Inc

Following that, we will be looking at American Airlines. Its primary business activity is the operation of a network air carrier, providing scheduled air transportation for passengers and cargo. The company is a founding member of the Oneworld alliance, whose members serve more than 1,000 destinations with flights to over 150 countries. 

On Monday, the company announced that it has become an anchor partner to Breakthrough Energy Catalysts. American Airlines will be investing $100 million in an effort to accelerate the clean energy technologies necessary for achieving a net-zero economy by 2050. This move backs the company’s ambitious vision of a low-carbon future for its airlines. As the world shifts towards greener alternatives, American Airlines intends to lead the way within the aviation industry. 

On top of that, Gol Linhas Aereas Inteligentes SA (NYSE: GOL) has also agreed to expand its commercial partnership with American Airlines last week. The collaboration includes an exclusive codeshare agreement for the next three years that will deepen the ties between the two airlines. Ultimately, the goal is to enhance the travel opportunities for their passengers and customer experience while maintaining a competitive position in the industry. Given these exciting developments, would you consider AAL stock a top airline stock to watch?

AAL stock chart
Source: TD Ameritrade TOS

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Southwest Airlines Co

Another top airline stock to watch would be Southwest Airlines. In detail, the company is a passenger airline that provides flight services in the U.S. and near-international markets. Also, it offers ancillary service offerings, such as Southwest’s EarlyBird Check-In and transportation of pets and unaccompanied minors. Despite various challenges faced by the aviation industry, LUV stock has still risen over 30% over the past year. 

Last Thursday, Southwest announced it extended its bookable flight schedule through April 24, 2022. Thus, giving its customers the ability to plan and navigate their travels ahead of time. Moreover, the airline is expanding its network of service next year between key business and leisure destinations. Southwest will be bringing nearly two-dozen new flights to Austin, offering additional options to Hawaii, and flying new point-to-point routes between the United States, Latin America, and the Caribbean.

Not to mention, the company’s Cargo division, has also begun taking online bookings through its new booking portal, swacargo.com. This would allow customers to easily search for available space and book select Next Flight Guarantee (NFG) shipments up to 10 days in advance. All in all, the company appears to be on the right track towards full functionality as the industry is starting to see some positive developments. With that in mind, would LUV stock be a viable investment right now? 

top airline stocks (LUV stock)
Source: TD Ameritrade TOS

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United Airlines Holdings Inc

United Airlines, formerly known as United Continental, provides air transportation services in North America, Asia, Europe, Africa, the Pacific, the Middle East, and Latin America. The company transports people and cargo through its mainline and regional fleets. It also sells fuel and offers catering, ground handling, and maintenance services for third parties. Well, it has been an uneventful year thus far for the company’s stock, showing only marginal gains this year. That said, some investors may view this as positive given the effects of the pandemic on the aviation line. 

Recently, United Airlines has been chosen to operate flights as part of the Civil Reserve Air Fleet (CRAF). The company will be supporting the mission of bringing the U.S. men and women in uniform, and American civilians back home. Given United Airlines’ status as a global airline and a flag carrier for the U.S., the company openly embraces the responsibility and opportunity presented by the federal government. 

Furthermore, the company also announced last week that its new service between Washington, D.C., and Lagos, Nigeria will begin November 29. The plan is to operate three weekly flights and tickets are now available for sale. It is noteworthy that Lagos is one of the top Western African destinations for American travelers. All things considered, do you view UAL stock as an attractive opportunity?

best airline stocks to buy (UAL stock)
Source: TD Ameritrade TOS

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