U.S. Global Investors launched a brand new exchange traded fund (ETF) on Thursday called the U.S. Global Jets ETF(NYSE: JETS).
Benzinga had a chance to speak with Frank Holmes, CEO of Chief Investment Officer of U.S. Global Investors.
Below is Part Two of the interview; Holmes shared his thoughts on the airline industry.
Not Your Father’s Airlines
Long-time investors likely remember the mess that the airline industry found itself in less than a decade ago. Holmes explained how different the modern-day airline industry is from the airlines of the past.
“What you saw with the airline industry in 2011 to 2013, 70 percent were bankrupt, they were restructured, and then there was a slew of mergers,” Holmes told Benzinga.
/www.benzinga.com/analyst-ratings/analyst-color/15/05/5464955/u-s-global-investors-ceo-these-arent-your-fathers-airlin alt=U.S. Global Investors CEO: These Aren't Your Father's Airlines>Full story available on Benzinga.com
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