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Low Oil Prices May Benefit Airline Industry

from ETF Trends

The transportation industry is in a position to benefit from U.S. economic expansion, according to Tom Lydon of ETF Trends. Low oil prices are another factor helping this industry. S&P Capital IQ analyst Jim Corridore points out that low oil prices have the potential to improve profitability of air freight and logistics companies.

In addition, ETF Trends notes that the lower fuel price outlook may help airlines. The article mentions the U.S. Global Jets ETF (JETS) as a way to invest in this industry, since it is currently the only dedicated airline ETF on the market.

READ THE ARTICLE FROM ETF TRENDS

Article summary written by U.S. Global Investors.