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US airlines rise on hopes of end to Israel-Iran conflict

ReutersJun 24, 2025 1:48 PM

Shares of U.S. airlines rise on hopes that ceasefire between Israel and Iran would hold

U.S. President Trump said Israel had called off its attack in response to his command to preserve an hours-old ceasefire

United Airlines UAL.O and American Airlines AAL.O, Delta Air DAL.N and Alaska Air Group ALK.N up about 4%

Jetblue Airways JBLU.O up 6.5% and Southwest Airlines LUV.N 2.5%

Including session gains, S&P 1500 airlines index .SPCOMALI down 17% YTD

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