Unstable weather and market conditions made filling airplane seats difficult in 2017, reports Investopedia. Despite the bumpy ride, some analysts believe there are numerous reasons to not to give up on the airline industry in the new year. For example, revenue per available seat mile (RASM) is projected to improve in 2018 and capacity has increased rapidly since 2015, with major carriers seeking to continue this trend.
To read the full article, “3 Best Airline ETFs for 2018,” go to Investopedia.com.
Past performance does not guarantee future results.
U.S. Global Investors has authored and is responsible for the summary on this page.
All opinions expressed and data provided are subject to change without notice. Opinions are not guaranteed and should not be considered investment advice.
Revenue per available seat mile (RASM) is a unit of measurement used to compare the efficiency of various airlines, obtained by dividing operating income by available seat miles.