Jim Cramer Says the Airlines Will See Better Results Next Year

Jim Cramer says the airlines are benefiting from reduced capacity, which should make for improved results from the group next year. Cramer, who serves a portfolio manager of the Action Alerts PLUS charitable trust, notes that airlines are selling at seven times earnings. Cramer says his favorite airline right now is Southwest (LUV) - Get Report , and he should have bought the stock before it's current run. Cramer also says that United's  (UAL) - Get Report  CEO Oscar Munoz has really improved operations at the airline.