Delta (NYSE: DAL), United Continental (NYSE: UAL), American (NasdaqGS: AAL) and Southwest (NYSE: LUV) combine for about 43% of JETS’s weight. Barron’s said shares of those carriers, the four largest in the U.S., could rise 15% to 50% over the next year.
On the recent webcast, Why Airline stocks May Still Have Room to Fly: It’s Not Just About Oil, Helane Becker, managing director for Cowen and Company, pointed out that the U.S. airline industry remains strong and is growing as the economy continues to expand. Specifically, for every 1 point gain in the U.S. gross domestic product, airline traffic growth rises about a 1.5 points.
U.S. Global Jets ETF
