"The backdrop continues to be difficult in the short term for airline stocks. Tailwinds include significant domestic demand tempered by higher duel costs and interest rates," says Tim Lesko. He states that major carriers with complex route structures will return to profitability when the coast is clear with the pandemic and geopolitical conflict. Airline stocks include Spirit Airlines (SAVE), JetBlue (JBLU), American Airlines (AAL), Delta (DAL), Southwest Airlines (LUV), and United Airlines (UAL).