About one month ago, Benzinga spoke with Frank Holmes, CEO and Chief Investment Officer of U.S. Global Investors, about the brand new U.S. Global Jets ETF JETS, the only pure-play airline ETF. Over the past month, airline stocks and the new ETF have significantly lagged the S&P 500. Benzinga recently has a chance to follow-up with Mr. Holmes and discuss what’s been going on in the airline industry, if there is cause for concern and what airline investors should be watching closely throughout the remainder of 2015.
Airline tailspin
The S&P 500 is slightly up in the last month of trading, but stocks of all of the “Big 4” airlines (Delta Air Lines Inc DAL, United Continental Holdings Inc UAL, American Airlines Group AAL and Southwest Airlines Co LUV) are down big in that span.
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