Southwest (LUV), which will report earnings on Thursday, soared about 120% last year, making it the best stock in the S&P 500. Its shares rose on Tuesday morning as well.
So did the stocks of rivals United Continental (UAL), American (AAL), JetBlue (JBLU) and Alaska Air (ALK). Those four airlines will also report their latest results in the coming days.
Shares of smaller airlines Spirit (SAVE) and recent IPO Virgin America (VA) also gained altitude on Tuesday.
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