American Airlines Sees Clear Skies, Helps Airline ETF Take Off
July 12, 2022 at 16:49 PM EDT
Airline stocks and sector-related exchange traded funds were flying on Tuesday as American Airlines (AAL) reaffirmed its positive travel outlook, despite rising costs. The U.S. Global Jets ETF (JETS) advanced 4.7%. Meanwhile, American Airlines shares were 10.5% higher. AAL makes up 11.7% of JETS’...