The airline sector is trading higher today, pushing the JETS ETF up more than 2%, following the release of a positive report from the World Economic Forum. The Travel & Tourism Development Index 2026 highlighted that the industry is "booming again," with a record economic contribution in 2025 and broad-based improvements across the sector. This optimistic long-term demand forecast is likely outweighing concerns about a nor'easter causing some flight disruptions in the U.S. Northeast. A broader market rally with easing oil prices is also providing a supportive backdrop for the sector.