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Airline Stocks to Report Earnings on Jul 22: AAL, VLRS

Delta Air Lines DAL kicked off the second-quarter earnings season for the airline sector last week with an earnings beat. United Continental Holdings UAL also posted a second-quarter earnings beat on Jul 19 (after market close). The Chicago-based carrier went a step ahead by beating the Zacks Consensus Estimate on the revenue front as well.

With more reports scheduled for release, we will soon gain an insight into the sector’s overall second-quarter performance. Despite the bottom-line outperformance of two key players in the airline space, there is no denying the fact that carriers are struggling to deal with multiple headwinds.

The increase in terror attacks is a looming threat to airlines. This is because such attacks give rise to the possibility of air travel demand slackening due to security fears. Furthermore, the Brexit vote late last month also dealt a heavy blow to carriers which have a significant U.K. exposure. Subsequently, carriers like Delta have announced their...