Berkshire Hathaway’s Increasing Stake in Delta & Southwest

During the second quarter, Berkshire Hathaway increased its stake in Delta Airlines (DAL) and Southwest Airlines (LUV), while decreasing its holdings in American Airlines (AAL) and United Continental Holdings (UAL). While the company stated that these moves “were a response to the 10% limitation” rather than a reflection of its views on the individual securities, … Continued

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The Airlines Industry Saw Handsome Gains in July

U.S. stock markets performed well in July despite trade war fears, reports Zacks, with the Nasdaq Composite Index experiencing its fourth consecutive month of gains and the Dow Jones seeing its largest monthly gain since January.  The summer travel season brought in strong earnings for the airlines industry as well. As a result, the U.S. … Continued

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Is United Out of the Doghouse?

United Airlines (UAL) began 2018 with a series of public relations snafus, putting the major airline name “in the doghouse from the market’s perspective” according to senior analyst Jamie Baker of J.P. Morgan Chase. Investors also feared the potential for a fare war triggered by the carrier’s growth plan, adding to uncertainty. Those troubles could … Continued

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Will United’s Two-Lane Process Streamline Boarding?

In an attempt to alleviate congestion at the gate, United Airlines (UAL) has rolled out a nation-wide upgrade to its boarding process this month. This system has been in effect at the Los Angeles International Airport since February. The previous five-lane setup has been replaced with is simplified color-coded, two-lane gate layout. Some customers find … Continued

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Economic Growth Forecasts a Potentially Strong Year for Airlines

Economic Growth Forecasts a Potentially Strong Year for Airlines

The International Air Transport Association (IATA) anticipates that, in 2018, worldwide air passenger numbers will grow to 4.3 billion as a result of global economic growth and improved security. Additionally, ecommerce has benefited air freight demand, according to Zacks, despite tensions surrounding a trade war being high. The U.S. Global Jets ETF (JETS) provides investors … Continued

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holiday travel JETS ETF

Invest In Holiday Travel with This Airline ETF

Americans across the country hit the road and took to the skies to visit family for Independence Day. AAA estimated that a record-setting 46.9 million people across the U.S. traveled 50 miles or more during the holiday weekend. Of those, 39.7 drove while 3.8 million flew. The transportation, lodging, hotel, restaurant, food and retail industries … Continued

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