Airlines for America (A4A) predicted U.S. Thanksgiving air travel demand would climb to an all-time high of 30.6 million passengers this year, up from 29 million last year. “It is thanks to incredibly accessible and affordable flight options that more travelers than ever before are visiting loved ones, wrapping up year-end business or enjoying a vacation this Thanksgiving,” commented A4A Vice President and Chief Economist John Heimlich.
An article on Zacks noted that food and beverage and transportation stocks could see a rally during the Thanksgiving time period due to increased consumption and travel demand. Zacks noted that a few ETFs in particular could stand to benefit, one of which is the U.S. Global Jets ETF (JETS). JETS is the only available pure-play fund on the market right now that provides investors access to the global aviation industry.
Read the full article, “ETFs & Stocks to Shower Gains This Thanksgiving Week,” on www.zacks.com.
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