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Do Low Oil Prices Account for the JETS ETF Prices?

from Benzinga

Todd Shriber of Benzinga writes that the U.S. Global Jets ETF (JETS) may have benefited from low oil prices, since fuel is actually the largest cost for airline companies. But the article goes on to say that several other factors affect the price of airline stocks, which in turn impacts the performance of the JETS ETF. Airline consolidations over the past few years, additional revenue from baggage and reservation changes fees, and increased fares have all had a continuing positive effect on the airline stocks.

Read more about what industry analysts are saying in, “Is it Time to Check Some Bags with the Airline ETF?” on Benzinga.com.

Article summary written by U.S. Global Investors.