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U.S. Airlines Have Seen Cash Flow Generation
Despite rising oil prices in 2016, Todd Shriber of Benzinga writes that “U.S. airlines continued the recent trend of impressive cash flow generation.” Airline stocks, including some of the major holdings in the U.S. Global Jets ETF (JETS), are becoming credible on the shareholder reward front as well, the article continues. Industry data suggests that buybacks, with some dividend growth, is increasing, as of Shriber’s note on January 5.
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