Airline Stocks Jumped. Delta Air Lines rose 8%; United up 5.6%; Southwest and Alaska Air up 4%.

Delta Air Lines (NYSE:DAL) reported quarterly earnings of $0.46 per share which beat the analyst consensus estimate of $0.38 by 21.05 percent. This is a 2.22 percent increase over earnings of $0.45 per share from the same period last year. The company reported quarterly sales of $14.04 billion which beat the analyst consensus estimate of $13.02 billion by 7.81 percent. This is a 2.12 percent increase over sales of $13.75 billion the same period last year.