Airline ETF Flying High
July 20, 2012 at 08:00 AM EDT
The exchange traded fund that tracks airliner companies has taken off as summer revelers fill seats and lower fuel prices provide relief for the industry. Guggenheim Airline (NYSEArca: FAA) gained 6.7% over the past month and is up 19.8% year-to-date. According to a press release, U.S. airlines...