- Air fares fell 0.9% M/M in January, according to data compiled by the Bureau of Transportation Statistics. Fares have now fallen back three straight months.
- Fares were down 2.8% Y/Y in January on an unadjusted basis.
- BTS data
- Related ETF: JETS.
- Related stocks: ALGT, JBLU, SAVE, MESA, LUV, DAL, AAL, UAL, HA, SKYW, ALK.