U.S. Global Investors (NASDAQ:GROW) CEO Frank Holmes joined Steve Darling from Proactive to share insights on the airline industry’s performance and future potential during an interview with Proactive. Highlighting the rebound in airline stocks, particularly through the Jets ETF, Holmes emphasized the strong revenue growth seen across the industry.
Even with recession concerns, ticket prices have remained high, suggesting sustained demand. Holmes also discussed strategic moves within the sector, such as United Airlines’ stock buyback and Elliott Management’s investment in Southwest Airlines, reflecting strong investor confidence. He noted that airline stocks continue to trade at a significant discount relative to the broader market, despite record travel numbers.
According to Holmes, this positions the industry for potential upside in terms of both revenue and cash flow. The Jets ETF, which provides exposure to global airlines and even airports, offers investors a unique opportunity to tap into the ongoing growth of the airline industry.