During a recent webcast titled “Your One-Way Ticket to Investing in Major Airlines,” U.S. Global Investors CEO Frank Holmes and ETF Trends editor Tom Lydon discussed various factors that could impact the airlines industry in coming months. At the time of the webcast, the airlines industry was expected to have $33.8 billion in net profits globally in 2018, with ancillary revenue counting for 10 percent of total revenue. By partnering with credit card companies, carriers have also established loyalty programs to create another source of revenue.
One way to gain exposure to the global airlines industry is the U.S. Global Jets ETF (JETS), which “uses fundamental screens to select airline companies, with an emphasis on domestic carriers, along with global aircraft manufacturers and airport companies.”
Read the full article, “Airline ETF: A Huge Transportation Space Growth Opportunity,” on ETFtrends.com.
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ETF Trends publisher Tom Lydon is on the board of U.S. Global Investors.