• Will This Summer Be A Scorcher For Airline Profits?

    3 monthes ago - By ETF Daily News

    Summer is nearly upon us, and that means increased domestic and international air travel as American families go on vacation. The U.S. economy is humming, with unemployment below 4 percent and median household income on the rise, and so we anticipate yet another season of robust, profitable air passenger demand.
    Speaking of profits, domestic passenger airlines pocketed $15.5 billion last year, according to the latest report by the Bureau of Transportation Statistics. The amount represents an improvement of more than 10 percent from 2016, but it still trails the all-time high of $24.8...
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