Seeking Alpha reports that the U.S. Global Jets ETF (JETS) ran up 2.30 percent on March 1, 2017, trading at its highest level yet. Other notable airline names made solid gains the same day, including Spirit Airlines, Delta Air Lines, Alaska Air Group and United Continental to name a few – all of which JETS owns in its basket of stocks. Author Clark Schultz also points out what airline investors should pay attention to in terms of oil prices and fuel hedging.
Article summary written by U.S. Global Investors.
Past performance does not guarantee future results.