David Tepper Hearts Airlines (FAA) (DAL) (LCC) (JBLU)

Airlines, tracked by ETF Guggenheim Airline (NYSE: FAA), are on watch after David Tepper of Appaloosa Management made positive comments on the group in a Bloomberg TV interview.

Tepper said airlines are in the best shape they've been in.

As of the latest quarter, Appaloosa owned stakes in Delta Air Lines (NYSE: DAL), US Airways Group (NYSE: LCC), and JetBlue Airways (Nasdaq: JBLU).

Other related stocks:
United Continental (NYSE: UAL), Southwest Airlines (NYSE: LUV), SkyWest (Nasdaq: SKYW), Spirit Airlines (Nasdaq: SAVE), Hawaiian Holdings (NYSE: HA).

---

Serious News for Serious Traders! Try StreetInsider.com Premium Free!

---

You May Also Be Interested In

• BofA says there is a continued strength in buybacks
• Futures mostly higher, Tesla pledges "more affordable" EVs - what's moving markets
• Rubrik (RBRK) Prices 23M Share IPO at $32/sh, Above Indicated $28-$31/sh Range - Reuters