Geopolitics Alpha

Up in the Clouds With the Pope, It’s Still Commercial

Published . Updated .

GEOPOLITICS ALPHAUp in the Clouds With the Pope,It’s Still CommercialGEOPOLITICS ALPHA

Unlike American presidents, Pope Leo XIV has no private jet, so he travels on commercial airlines, like the rest of us. Well, almost.

Directly affected

  • No company is named in this report.

Indirectly affected

  • JETS U.S. Global Jets ETF-2.7% 30d

    U.S. Global Jets ETF: it holds airlines. Linked by “airline” (airlines) in this story.

  • XLY Consumer Discretionary Select Sector SPDR+2.3% 30d

    Consumer Discretionary Select Sector SPDR: it holds travel and leisure firms. Linked by “travel” (travel) in this story.

  • DAL Delta Air Lines-2.9% 30d

    Delta Air Lines (air transportation, scheduled): airlines' costs move with jet fuel and travel demand. Linked by “airline” (airlines) in this story.

  • AAL American Airlines Group-7.3% 30d

    American Airlines Group (air transportation, scheduled): airlines' costs move with jet fuel and travel demand. Linked by “airline” (airlines) in this story.

  • UAL United Airlines Holdings+1.0% 16d

    United Airlines Holdings (air transportation, scheduled): airlines' costs move with jet fuel and travel demand. Linked by “airline” (airlines) in this story.

  • LUV Southwest Airlines+6.4% 8d

    Southwest Airlines (air transportation, scheduled): airlines' costs move with jet fuel and travel demand. Linked by “airline” (airlines) in this story.

  • BKNG Booking Holdings-12.1% 30d

    Booking Holdings (transportation services): travel firms move with tourism demand. Linked by “travel” (travel) in this story.

  • MAR Marriott International+4.9% 8d

    Marriott International (hotels and motels): travel firms move with tourism demand. Linked by “travel” (travel) in this story.

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
JETS-1.84%+0.17%base+5.66%after closeafter closeafter close
XLY-0.96%-0.06%base+2.93%after closeafter closeafter close
DAL-1.19%+0.26%base+4.49%after closeafter closeafter close
AAL-3.25%-0.16%base+6.15%after closeafter closeafter close
UAL-3.41%-0.75%base+7.44%after closeafter closeafter close
LUV+1.01%+2.49%base+5.15%after closeafter closeafter close
BKNG+3.37%-0.13%base+4.55%after closeafter closeafter close
MAR-1.23%-1.31%base+3.87%after closeafter closeafter close

Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.

Market Call

Think this story will push the stock up or down over the next three trading days? Make a free call and see what other readers think. Points are play money with no cash value.

Unlike American presidents, Pope Leo XIV has no private jet, so he travels on commercial airlines, like the rest of us. Well, almost.

Source: The New York Times

How far U.S. Global Jets Etf (JETS) has moved since 2 Nov 2026

CompanyWhenMoveStatus
American Airlines Group (AAL)that day+6.15%still updating
American Airlines Group (AAL)three days earlier-0.16%final price
American Airlines Group (AAL)five days earlier-3.25%final price
Booking Holdings (BKNG)that day+4.55%still updating
Booking Holdings (BKNG)three days earlier-0.13%final price
Booking Holdings (BKNG)five days earlier+3.37%final price
Delta Air Lines (DAL)that day+4.49%still updating
Delta Air Lines (DAL)three days earlier+0.26%final price
Delta Air Lines (DAL)five days earlier-1.19%final price
U.S. Global Jets Etf (JETS)that day+5.66%still updating
U.S. Global Jets Etf (JETS)three days earlier+0.17%final price
U.S. Global Jets Etf (JETS)five days earlier-1.84%final price
Southwest Airlines (LUV)that day+5.15%still updating
Southwest Airlines (LUV)three days earlier+2.49%final price
Southwest Airlines (LUV)five days earlier+1.01%final price
Marriott International (MAR)that day+3.87%still updating
Marriott International (MAR)three days earlier-1.31%final price
Marriott International (MAR)five days earlier-1.23%final price
United Airlines Holdings (UAL)that day+7.44%still updating
United Airlines Holdings (UAL)three days earlier-0.75%final price
United Airlines Holdings (UAL)five days earlier-3.41%final price
Select Sector Spdr Tr (XLY)that day+2.93%still updating
Select Sector Spdr Tr (XLY)three days earlier-0.06%final price
Select Sector Spdr Tr (XLY)five days earlier-0.96%final price

Trades by members of Congress and officials in the stocks in this story

Public disclosure filings, not a recommendation. The filing link is the source document. News use of these reports still sits under 5 U.S.C. § 13107(c).

Who gains and who loses around U.S. Global Jets Etf (JETS)

Companies mentioned with this story

  • JETS U.S. Global Jets Etf

    U.S. Global Jets Etf (JETS) is linked, with no stored direction, medium confidence in the 2 Nov 2026 story “Up in the Clouds With the Pope, It’s Still Commercial.” Reason on file: U.S. Global Jets ETF: it holds airlines. Linked by “airline” (airlines) in this story

  • XLY Select Sector Spdr Tr

    For “Up in the Clouds With the Pope, It’s Still Commercial,” Select Sector Spdr Tr (XLY) is linked, with no stored direction, medium confidence. Reason on file: Consumer Discretionary Select Sector SPDR: it holds travel and leisure firms. Linked by “travel” (travel) in this story

  • DAL Delta Air Lines

    Delta Air Lines (DAL) is linked, with no stored direction, medium confidence in the 2 Nov 2026 story “Up in the Clouds With the Pope, It’s Still Commercial.” Reason on file: Delta Air Lines (air transportation, scheduled): airlines' costs move with jet fuel and travel demand. Linked by “airline” (airlines) in this story

  • AAL American Airlines Group

    For “Up in the Clouds With the Pope, It’s Still Commercial,” American Airlines Group (AAL) is linked, with no stored direction, medium confidence. Reason on file: American Airlines Group (air transportation, scheduled): airlines' costs move with jet fuel and travel demand. Linked by “airline” (airlines) in this story

  • UAL United Airlines Holdings

    In “Up in the Clouds With the Pope, It’s Still Commercial,” United Airlines Holdings (UAL) is linked, with no stored direction, medium confidence. Reason on file: United Airlines Holdings (air transportation, scheduled): airlines' costs move with jet fuel and travel demand. Linked by “airline” (airlines) in this story

  • LUV Southwest Airlines

    In “Up in the Clouds With the Pope, It’s Still Commercial,” Southwest Airlines (LUV) is linked, with no stored direction, medium confidence. Reason on file: Southwest Airlines (air transportation, scheduled): airlines' costs move with jet fuel and travel demand. Linked by “airline” (airlines) in this story

  • BKNG Booking Holdings

    For “Up in the Clouds With the Pope, It’s Still Commercial,” Booking Holdings (BKNG) is linked, with no stored direction, medium confidence. Reason on file: Booking Holdings (transportation services): travel firms move with tourism demand. Linked by “travel” (travel) in this story

  • MAR Marriott International

    For “Up in the Clouds With the Pope, It’s Still Commercial,” Marriott International (MAR) is linked, with no stored direction, medium confidence. Reason on file: Marriott International (hotels and motels): travel firms move with tourism demand. Linked by “travel” (travel) in this story

How “Up in the Clouds With the Pope, It’s Still Commercial” reaches U.S. Global Jets Etf (JETS)

U.S. Global Jets Etf (JETS) is the company in “Up in the Clouds With the Pope, It’s Still Commercial,” the 2 Nov 2026 this story story.

For U.S. Global Jets Etf (JETS), the reason on file says U.S. Global Jets ETF: it holds airlines. Linked by “airline” (airlines) in this story

A second company, Select Sector Spdr Tr (XLY), is listed for a different reason: Consumer Discretionary Select Sector SPDR: it holds travel and leisure firms. Linked by “travel” (travel) in this story

The price range for U.S. Global Jets Etf (JETS), and the dates in the story

DAL traded between 74.14 and 85.67 across 20 sessions. The latest close on file is 80.15. JETS traded between 25.57 and 28.64 across 20 sessions. The latest close on file is 27.04. XLY traded between 110.58 and 116.77 across 19 sessions. The latest close on file is 115.38.

How strong the case is around U.S. Global Jets Etf (JETS)

46 out of 100Price not final

“Up in the Clouds With the Pope, It’s Still Commercial” scores 46 out of 100. The score uses 1 sources, and 8 linked companies. The price is not final yet.