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JRNY - Airline Earnings Taking Off Despite Rising Fuel Costs
ALPS Global Travel Beneficiaries ETF
We analyze how the airline industry is managing though the recent spike in energy prices.
Airlines surprised the investing world by providing second-quarter guidance that far exceeded consensus estimates and pointed toward margin levels not seen since before the pandemic.
Our take is that if the combination of healthy demand and constrained capacity continues, the airline industry will be poised to grow profitability despite the rise in fuel costs.