The airline sector is trading higher, buoyed by a stock-specific catalyst and positive industry commentary. UBS raised its price target on Alaska Air Group (ALK) to $54 from $52, maintaining a Buy rating, which has lifted sentiment across the industry. Adding to the positive mood, European travel giant TUI Group tightened its full-year earnings guidance upward, citing strong demand and improved booking momentum in recent weeks, suggesting robust consumer appetite for travel continues.