- Air fares fell 0.9% in June on a month-to-month comparison, according to data compiled by the Bureau of Transportation Statistics. Air fares have been lower three of the last four months following the Boeing 737 Max grounding.
- Notably, American Airlines Group (NASDAQ:AAL) and Southwest Airlines (NYSE:LUV) lowered fares in the U.S. on some key routes during the month.
- BTS data
- Related ETF: JETS
- Related stocks: Allegiant Travel (NASDAQ:ALGT), Hawaiian Holdings (NASDAQ:HA), JetBlue (NASDAQ:JBLU), Spirit Airlines (NYSE:SAVE), Mesa Airlines (NASDAQ:MESA), United Continental (NASDAQ:UAL), Delta Air Lines (NYSE:DAL), Alaska Air Group (NYSE:ALK).