Airline stocks are mostly higher after a slight dip in the monthly unemployment rate.

The airline stocks have been gaining altitude for some time now as revenue measurements increase and consumers start to travel again but these stocks don't all share the same story. The sector dipped sharply in Thursday trading after a slew of downgrades (and just a couple of upgrades) were reported by JPMorgan analyst Jamie Baker and his team. The airlines were down 4.51% in midday trading while the S&P 500 was only off 1.92%. JPMorgan’s Baker acknowledges that the climate for airlines stocks has improved enormously over the last year as oil prices leveled off a bit and the ...

Airline stocks took a sharp dive with higher U.S. unemployment claims and after J.P. Morgan downgraded several carrier stocks.

Highlighting the sector's advance, Continental Airlines reports strong traffic growth for January, driven by international demand.

The pilot union for Continental Airlines is threatening to undo a transatlantic joint venture agreement the carrier forged last year with United, Air Canada and Lufthansa, unless current labor talks result in better job security.