Zacks Investment Research takes a look at some of the key third-quarter earnings releases in the airline industry from names like Delta, Southwest, American and United Continental. The U.S. Global Jets ETF (JETS), which tracks the U.S. Global Jets Index, invests in these names – in fact, these are the top four holdings, comprising around 45 percent of the fund. Zacks says the “mood in the airlines industry is upbeat,” and suggests JETS as a potential way for investors to play the trend.
Article summary written by U.S. Global Investors.