Shares of air carriers were broadly lower Tuesday, even as travelers over the July 4 holiday weekend reached a pandemic-era high and as fewer flights were cancelled than in the days leading up to the weekend. The U.S. Global Jets ETF fell 0.8% in premarket trading, with the shares of all of its U.S.-based airline components that are trading losing ground. Among the more-active U.S. air carriers, shares of American Airlines Group Inc. dropped 2.1%, Delta Air Lines Inc. slid lost 1.
lost 0.8%, Spirit Airlines Inc. sank 2.6% and Southwest Airlines Co. LUV gave up 1.7%. Meanwhile, data provided by the U.S. Transportation Security Administration showed that the number of travelers going through TSA checkpoints fell to a one-month low of 2,081,119 on Monday, and was below last year's 2,160,147.