in 2008, airlines weren't grounded for weeks.
pretty much every airline company took at least a 60% hit in market value over the past few weeks and they're is a possibility it will be longer.
i don't think anybody will argue that the airline industry will be revived once this all blows over.
my question is, what is JETS ETF going to do? I imagine some of the airlines JETS is holding will go bankrupt or get bought out by other companies. Two airlines are seeking Federal Aid, which I believe means the Fed will have stake in those companies. Will they restructure the ETF or close it out if it falls much farther. How will Airlines taking Federal Aid affect this ETF?
Im curious because I'm gonna scoop up a decent chunk. The dividend history is pretty sweet and if this ETF can survive, it will have great gains when the airline industry recovers.