Bob Creed of The Oxford Club takes a look at the airline industry in this article for Investment U. He notes that the industry has been volatile, but has experienced some positive results so far this year. Some of the reasons for the good performance have been ongoing cost-cutting disciplines by the airlines, improving employment rates and higher revenue from passenger fees.
Creed points out that North America is a big contributor to the profits in global airlines, and that some of the largest airlines are based in the U.S. He notes that the U.S. Global Jets ETF is one way investors can consider investing in the airline companies.
Read more about the airline industry in the article.
Article summary written by U.S. Global Investors.