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Airline stocks jump after Delta, Southwest update outlooks

September 8, 2016

Via: CNBC
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Airline stocks helped the Dow transports rise more than 1 percent Wednesday, after Delta Air Lines and Southwest Airlines both reported encouraging figures.

Delta said on Wednesday that the airline remains focused on returning to positive unit revenue growth, a key industry metric.

“We have a lot of signs, reasons to be optimistic,” Delta Chief Financial Officer Paul Jacobson said in a Reuters report, which cited a conference call with investors.

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