In an earlier note, we briefly mentioned strong consumer demand in travel, which hasn';t yet been reflected in stock prices due to concerns of higher cost pressures. Although airlines currently make up only 16.2% index weight of the S-Network Global
Travel Index (TRAVEL), airlines are one of the most visible, data-driven indicators of the broader travel industry. This note examines two of the largest costs for airlines-labor and fuel-which together comprise over 50-70% of total expenses for U.S.
airlines, and how airlines adapt to these higher costs.
https://etfdb.com/thematic-investing-channel/below-the-wing-airline-sector/
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