U.S. Global Jets ETF (JETS)
Should You Invest in the U.S. Global Jets ETF (JETS)?
Looking for broad exposure to the Industrials - Transportation/Shipping segment of the equity market? You should consider the U.S. Global Jets ETF (JETS), a passively managed exchange traded fund launched on April 30, 2015.
Iran conflict flare-up awakens bears in airline stocks, but there's one big catch
The U.S. Global Jets ETF is down 4% Wednesday, extending a two-day decline after challenging all-time highs last week.
US airlines fuel bills rose by $3 billion in May
Fuel costs for U.S. airlines jumped 85% in May to nearly $6.7 billion as the Middle East conflict drove up prices, the U.S. Transportation Department said Monday.
JETS vs. ITA: Airlines or Aerospace, Which Aviation ETF Is Actually Flying?
The U.S. Global Jets ETF (NYSEARCA:JETS) and the iShares U.S.
Should You Invest in the U.S. Global Jets ETF (JETS)?
If you're interested in broad exposure to the Industrials - Transportation/Shipping segment of the equity market, look no further than the U.S. Global Jets ETF (JETS), a passively managed exchange traded fund launched on April 30, 2015.
Airline chiefs slam engine makers for delays at industry summit
Commercial jet enginemakers faced renewed pressure from airline CEOs on Monday, as carriers warned that grounded aircraft and higher repair costs could persist for years.
Airline chiefs grapple with fuel shock, fare test at Rio summit
Global airline chiefs open their annual summit in Rio de Janeiro on Saturday facing a sharper test of the industry's post-pandemic recovery, as the Iran war drives up fuel costs and disrupts airspace while carriers try to cushion the blow with higher fares and tighter capacity.
Airline Stocks Soar as Summer Travel Demand Holds Strong
Airline stocks rose Wednesday as lower oil prices and stronger booking commentary helped lift sentiment, with investors also looking ahead to summer travel dema
From train travel to staycations: How holidaymakers are adapting to airlines' jet fuel shortage
The price of jet fuel has nearly doubled since the start of the Iran War as the closure of the Strait of Hormuz restricts supplies from key exporters. With the crucial summer season ahead, and the Strait remaining closed, there are fears of shortages of jet fuel, with airlines already altering schedules to combat the potential problem.
Foreign soccer fans ditch FIFA World Cup, threatening ‘$30B' economic boom for the US
Visa delays, concerns about how they would be treated by immigration officials, soaring airfares, a strong US dollar, and geopolitical tensions have kept international travelers home, hotel industry body the AHLA said.
2 ETFs to Play Both Sides of the Iran War Ceasefire
As the U.S. war in Iran enters its third month, the market has seemingly stabilized after initial concerns about energy industry shocks and the price of oil. However, ongoing political developments—including the continuing ceasefire beginning in early April—mean that uncertainty is still very much a predominant factor.
Spirit Prepares to Shut Down: Here's What Customers Should Know | WSJ
WSJ's Dean Seal breaks down why Spirit Airlines is preparing to cease operations—possibly as early as Saturday morning—and what it means for passengers like him, who have an upcoming flight with the low-cost carrier. #wsj #thewallstreetjournal #spiritairlines #bankruptcy
Spirit's $500M rescue plan: Should the federal government bail out the airline?
Sara Nelson, Association of Flight Attendants international president, and Joel Griffith, Advancing American Freedom senior fellow, join 'Squawk Box' to discuss the pros and cons of a potential $500M federal rescue of Spirit Airlines, impact on the airline industry at large, and more.
The surging price of jet fuel is hurting US airlines. Here's how much it has cost them so far.
Airlines are facing big increases in jet fuel costs due to the Iran war. CEOs are reducing capacity and increasing ticket prices and bag fees.
U.S. Airlines Raise Fares, Trim Capacity for Summer as Fuel Costs Jump
U.S. airlines are raising fares and baggage fees to offset higher fuel costs from the Iran war. Some are also cutting capacity heading into the busy summer travel season.
Airline ETF Up 5% in a Month Despite War: Buy, Hold or Sell?
Airline stocks and exchange-traded fund (ETF) are highly sensitive to the Iran war, mainly due to cost shocks and, to some extent, demand woes. Jet fuel is a major expense (about 20-30% of costs), and oil price spikes during conflicts in the Middle East squeeze margins.
Should You Invest in the U.S. Global Jets ETF (JETS)?
The U.S. Global Jets ETF (JETS) was launched on April 30, 2015, and is a passively managed exchange traded fund designed to offer broad exposure to the Industrials - Transportation/Shipping segment of the equity market.
Fuel Prices to Stay High for Long? Airlines ETFs in Focus
Airlines face turbulence as oil spikes on Iran crisis. Capacity cuts may support margins, but ETFs like JETS lag while inverse plays surge.
JetBlue Boosts Revenue Outlook On Strong Travel Demand
JetBlue raises Q1 unit revenue guidance to 5-7% as premium demand surges. Get the latest on JBLU's turnaround and analyst price targets.
3 ETFs to Avoid as Oil Shock Hits Markets
A new energy shock has struck global markets as the U.S.-Israeli war against Iran enters its second week. Oil prices briefly shot over $115 per barrel in the overnight session on Sunday, March 8, before settling back under $90 by Monday evening.