Airline Stocks Have Been Hard Hit by Iran War, but Citi Is Betting Big on These 2 Names
Yahoo Finance·2026-03-17 23:36

With oil spiking, fears of a travel slump, and fears for the potential grounding of planes over the Iran war, airline stocks were hammered. In fact, for an idea of just how severe the airline stock pullback was, the US Global Jets ETF (JETS) dropped from about $31.33 to a low of $23.81. Worse, jet fuel costs are now up 81% since the conflict began and are now up 124% since Jan. 1. As a result, ticket prices are on the rise, with airlines passing the costs to customers. In short, airline stocks aren’t in ...

Airline Stocks Have Been Hard Hit by Iran War, but Citi Is Betting Big on These 2 Names - Reportify