Airline stocks have been under pressure as they battle with rising fuel costs and higher interest rates, but one investment professional says continued travel demand and strong balance sheets will help offset any economic downside.

Savanthi Syth, managing director of global airlines and advanced air mobility at Raymond James, told BNN Bloomberg on Tuesday that the industry is very well positioned financially to weather any downturn.

“Today we’re experiencing really strong demand, despite concerns, we haven’t really seen it impact things,” she said.

She recommended Air Canada (AC), Delta Air Lines (DAL) and Alaska Airlines (ALK) as hit top three stock picks within the airline sector.

Her, her family and her firm do not own any shares in the stocks mentioned above, however, her investment banking clients own all three.

For the full interview, click on the video at the top of this article.