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Falling Oil Prices Could Benefit Airline Stocks

from ETF Trends

The price of crude oil began to fall in October and hit the $50 per barrel mark in late November. ETF Trends writes that lower oil prices could be a tailwind for airline stocks, since fuel is one of their largest operating expenses. Many analysts are positive about the industry’s potential growth and have predicted a strong end of 2018. Macquarie analysts said “Generally speaking, we believe we are seeing the construction of a strong demand and revenue environment into the end of the year, lending itself to fare increases and ancillary opportunities.”

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Read the full article, “Airline Stocks, ETF Could Fly Into the New Year,” on ETFtrends.com.

 

 

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The performance data quoted represents past performance. Past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor’s shares, when sold or redeemed, may be worth more or less than their original cost and current performance may be lower or higher than the performance quoted. The expense ratio is 0.60%.

U.S. Global Investors has authored and is responsible for the summary on this page.

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ETF Trends publisher Tom Lydon is on the board of U.S. Global Investors.

Ancillary fees/revenue, in the airline industry, is revenue from non-ticket sources, such a baggage fees and on-board food and services, and has become an important financial component for low-cost carriers.