JRNY News and Press, ALPS Global Travel Beneficiaries ETF From 08/06/22

As socializing becomes the norm again, many consumers are willing to spend on discretionary items, luxury services, and premium products, which has readthroughs for the broader travel industry, particularly with higher airfares and overall travel prices. LVMH Moët Hennessy Louis ...

Airbus has cancelled its remaining outstanding A350 orders for Qatar Airways. Dispute has led to $7 billion in cancellations initiated by Airbus. Boeing could benefit and win orders for the Boeing 787/777X. The Boeing Company ( BA ) is currently on the way back with ...

Most major economies are dealing with inflation highs not seen in decades. Market expectations of peak policy rates have declined since June, likely reflecting the significant slowdown in activity as well as recent commodity price declines. Tightening financial conditions as well ...

Marriott is reporting strong growth rates in the last few quarters, and earnings per share already have reached pre-crisis levels. The company also has improved its balance sheet and also reinstated the quarterly dividend. However, COVID-19 is still an issue, and an upcoming poten...

There is a demand for travel again that cannot be met due to labor shortages currently. There is no indication that demand in the space has been destroyed due to inflation or higher prices, but it’s something to be watched. David Mau, Portfolio Manager, TD Asset Management,...

Leisure travel demand is coming back fast, and 2022 figures represent only 11% fewer passengers during June than in the same period in 2019. Delta’s profit margin is on the right path to recovering to pre-pandemic levels, and management has proved that they can capitalize on ri...

IATA profit outlook shows significant year-over-year improvement. Current forecast expects losses for 2022 to be lower than initially expected. With an estimated $8.8 billion profit, North American carriers will be the best in class. For further details see: JETS Is Supe...

SPAC Queen's Gambit Growth Capital and Swvl have completed their merger valued at approximately $1.5 billion in enterprise value. Swvl operates a smart bus transportation network in numerous cities and regions around the world. SWVL has made a number of acquisition announcements b...

Air France-KLM's revenue has been rising, and non-current lease debt levels relative to total assets have been declining. These could be longer-term growth drivers once the macroeconomic situation becomes more stable. In the more immediate term, the stock could remain volatile giv...

After a decade of largely flat airfares, price increases have come roaring back in 2022. The Bureau of Transportation Statistics has not yet released 2022 numbers, but estimates from travel data trackers like Hopper suggest prices have increased as much as 40 percent since the beginni...