Frank Holmes, CEO of U.S. Global Investors and portfolio co-manager for the U.S. Global Jets ETF (JETS), says investors are finally paying attention to positive changes in the airline industry. Producing around $5 billion of free cash flow per quarter, Holmes says that mounting investor awareness for airlines could be positive for JETS.
“The big difference (in the airline industry) is that the stewards of capital are very different,” explains Frank. Read the full article, “ETF Boss Says Investors Don’t Get Airline Industry Shift, Blames Buffet,” on TheStreet.com.
Article summary written by U.S. Global Investors.