So far this year, airline stocks and sector-related exchange-traded funds have strengthened thanks to improved revenue trends and higher pricing power than anticipated, reports ETF Trends. According to the Associated Press, revenue for every seat flown per mile was up 5 percent to 6 percent year-over-year for American Airlines during the fourth quarter of 2017.
Since around two-thirds of airline carriers’ revenue comes from business travel, companies in the airline industry may benefit from potential tax reforms as the year continues.
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