Airline Stocks To Keep An Eye On – November 1st

Joby Aviation, American Airlines Group, and United Airlines are the three Airline stocks to watch today, according to MarketBeat’s stock screener tool. Airline stocks are equity shares of companies that operate passenger and cargo air transportation, giving investors ownership in those airlines and a claim on their future profits. They are typically cyclical and volatile—sensitive to fuel prices, labor and maintenance costs, travel demand, capacity and competition, and government regulation—so investors use them for exposure to the travel sector but accept higher operational and financial risk. These companies had the highest dollar trading volume of any Airline stocks within the last several days.

Joby Aviation (JOBY)

Joby Aviation, Inc., a vertically integrated air mobility company, engages in building an electric vertical takeoff and landing aircraft optimized to deliver air transportation as a service. The company intends to build an aerial ridesharing service, as well as developing an application-based platform that will enable consumers to book rides.

American Airlines Group (AAL)

American Airlines Group Inc., through its subsidiaries, operates as a network air carrier. The company provides scheduled air transportation services for passengers and cargo through its hubs in Charlotte, Chicago, Dallas/Fort Worth, Los Angeles, Miami, New York, Philadelphia, Phoenix, and Washington, D.C., as well as through partner gateways in London, Doha, Madrid, Seattle/Tacoma, Sydney, and Tokyo.

United Airlines (UAL)

United Airlines Holdings, Inc., through its subsidiaries, 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 offers catering, ground handling, flight academy, and maintenance services for third parties.