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Tag Archives: JETS

Norwegian Air Shuttle cancels deal for remaining Boeing jets

Struggling Norwegian Air Shuttle ASA said it has notified Boeing Co. that it will cancel a deal to buy nearly 100 remaining planes, and is suing over losses related to the grounding of the 737-Max and 787 engine issues. In a statement on the company’s NAS, +6.03% website late Monday, …

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JETS ETF joins the mile-high club, topping $1 billion in assets, even as air travel sinks 90%

Are a group of retail investors about to get grounded? Over the past two months, investors have plowed so much money into an exchange-traded fund with an out-of-favor investing thesis that it’s recently become one of only a handful of ETFs to reach $ 1 billion in assets under management. …

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