James Aldridge of the San Antonio Business Journal reports on the launch of the U.S. Global Jets ETF (JETS), noting that it invests in commercial airlines, aircraft manufacturers and airport services companies around the globe.
Domestic and international carriers have lately managed to improve their balance sheets by restructuring their business. Among the changes is the implementation of stricter fuel-efficiency standards. Such changes have benefited shareholders.
Article summary written by U.S. Global Investors.