1548 ET - United Airlines and Delta Air Lines are at less risk of a travel downturn thanks to tariff relief and market stabilization, UBS analysts Thomas Wadewitz and Atul Maheswari say, upgrading both stocks to buy from neutral. Since the stock market rallied from lows in April, wealthier consumers are feeling more confident, reducing the risk that they might pull back on travel spending, the analysts say. That bolsters United and Delta, which rely on premium and international travel demand to drive sales (less than half of Delta's revenue comes from the main cabin, the analysts point out). Year-over-year fare growth both internationally and domestically are showing signs of recovery in April. (katherine.hamilton@wsj.com)
(END) Dow Jones Newswires
May 19, 2025 15:48 ET (19:48 GMT)
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