So far this year, airline stocks and sector-related exchange-traded funds have strengthened thanks to improved revenue trends and higher pricing power than anticipated, reports ETF Trends. According to the Associated Press, revenue for every seat flown per mile was up 5 percent to 6 percent year-over-year for American Airlines during the fourth quarter of 2017.
Since around two-thirds of airline carriers’ revenue comes from business travel, companies in the airline industry may benefit from potential tax reforms as the year continues.
READ THE ARTICLE FROM ETF TRENDS
Past performance does not guarantee future results.
Please click here for standardized performance.
The performance data quoted represents past performance. Past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor’s shares, when sold or redeemed, may be worth more or less than their original cost and current performance may be lower or higher than the performance quoted. For performance data current to the most recent month-end please visit www.usglobaletfs.com
U.S. Global Investors has authored and is responsible for the summary on this page.
All opinions expressed and data provided are subject to change without notice. Opinions are not guaranteed and should not be considered investment advice. By clicking the link(s) above, you will be directed to a third-party website(s). U.S. Global Investors does not endorse all information supplied by this/these website(s) and is not responsible for its/their content.
ETF Trends publisher Tom Lydon is on the board of U.S. Global Investors.