By Peter Bosworth There are plenty of reasons to invest in airline ETFs. The airline industry is relatively undervalued, and with more people flying than ever before, the potential for growth is huge.
Roughly 44,000 flights take off every day in the U.S. And last year, U.S. airports serviced around 1 billion passengers. Internationally, that number is closer to 4 billion. With fares becoming more affordable, airlines are serving more passengers and posting bigger profits
The International Air Transport Association estimates the airline industry will net $35.5 billion in profit this year. They also project the number of passengers will increase to 8.2 billion by …read more
