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Airline Industry Reacts to Delta Profit Beat

from ETF Trends

Delta Air Lines reported a second-quarter earnings beat mid-July, giving a boost to the U.S. Global Jets ETF (JETS) and providing a tailwind for the industry, writes ETF Trends. American Airlines also announced that it extended its co-branded credit card agreement with Citigroup and Barclays, the article continues, which included significant compensation improvements for the airliner and thus more good news for the industry.

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Article summary written by U.S. Global Investors.