US Global Jets ETF

JETS

Market cap $884M

Oil prices are high. Airfares are high.

Southwest Airlines CEO Bob Jordan said ‌on Wednesday the carrier has seen no drop-off in demand after joining seven industry fare increases since February, making him increasingly confident the airline can offset higher fuel costs with stronger revenue.

After a tough start to the year, some analysts see airline stocks catching a tailwind soon.

The airline is trying to shore up operations as it heads into the busy summer travel season, when problems can snowball into meltdowns.

Alaska Airlines launched its new Seattle-to-London route on Thursday, at a testing time for aviation. An executive told Business Insider most airlines are only covering up to 50% of increased fuel costs.

Europe's airlines are losing ground to global rivals and need stronger EU support to tackle rising ​regulatory costs, make sustainable jet fuel affordable and better ‌manage crises, a lobby group representing the continent's main carriers said.

Oil prices slid after Trump delayed a planned Iran strike, boosting prospects for retail, airline, India and gold mining ETFs.

The price of jet fuel has nearly doubled since the start of the Iran War as the closure of the Strait of Hormuz restricts supplies from key exporters. With the crucial summer season ahead, and the Strait remaining closed, there are fears of shortages of jet fuel, with airlines already altering schedules to combat the potential problem.

Jet fuel prices surge from $95 to $163 a barrel, pressuring airline ETFs as carriers cut capacity, raise fares and trim forecasts.

In less than a month, the 2026 FIFA World Cup kicks off across the United States, Canada, and Mexico, running June 11 through July 19, 2026.