The airline industry has taken off in 2024, outpacing even the high-flying tech sector. TheU.S. Global Jets ETF(NYSE:JETS), a fund that tracks the airline sector, is up 34% year-to-date as of Dec. 27, compared to the Nasdaq 100's 27% gain.
This surge reflects robust demand for premium travel, strategic operational shifts, and booming holiday traffic.
Travel Frenzy Lifts Airline ETF
Thanksgiving marked a pivotal moment for airline stocks this year. Over the six-day travel period, the TSA screened an estimated 18.3 million passengers—a 6% increase from 2023—pushing the JETS ETF up nearly 6% for November.
"As a pure...
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