Airline ETF Takes Off as Carriers See Clear Skies Ahead
March 15, 2022 at 15:58 PM EDT
Airline stocks and sector-related exchange traded funds gained altitude on Tuesday as carriers raised revenue projections on strengthening travel demand, despite the elevated crude oil costs. The U.S. Global Jets ETF (NYSEArca: JETS) advanced 5.0% on Tuesday. Delta Air Lines (DAL) estimated revenue...