The U.S. Global Jets ETF (JETS) moved higher after JetBlue Airways reported second-quarter results that surpassed expectations. JetBlue posted a smaller-than-anticipated adjusted loss, reinstated its full-year guidance, and set a long-term profitability target for 2028. This positive news from a single carrier lifted sentiment across the entire airline industry, as investors interpreted it as a sign of resilient consumer demand. The broader airline group, including Delta and United, also saw their shares rise in response.