MarketWatch highlights the new U.S. Global Jets ETF (NYSE: JETS) as it opened for trading on April 30. The article questions whether the launch signals a top for the airline industry, but Frank Holmes, CEO of U.S. Global Investors, notes that significant improvements have been made in the airline industry over the past few years. Frank comments that streamlined operations and mergers are two factors pointing to positive signs for the airlines.
Article summary written by U.S. Global Investors.