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JETS: As 'Revenge Travel' Fades, This ETF's Prospects Do Too
JETS: As 'Revenge Travel' Fades, This ETF's Prospects Do Too
Seekingalpha | 1 year ago
JETS: Despite Booming Demand, Airlines Still Struggle With Profitability
U.S. Global Jets ETF is a hold due to profitability challenges facing airlines, high expense ratio, and lack of dividend yield. JETS is concentrated on airline-specific holdings, with top four U.S. airlines dominating the fund. Despite increasing air travel demand, airlines struggle with profitability due to rising fuel and labor costs, union actions, and accidents.
Seekingalpha | 1 year ago
ETFs to Tap Surging Summer Travel Demand
Thanks to lower gas prices and reduced airfares, as well as continued desire for experiences, we are likely to see a busy summer travel season this year.
Zacks | 1 year ago
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