American Airlines Group Inc. and United Airlines

United Airlines: Now earnings season brings news of $1 billion stock buybacks at both American Airlines Group Inc. and at United Continental Holdings Inc., the parent company of United Airlines. American also announced its first dividend payment since 1980, according to Bloomberg. The Guggenheim ETF, which had FAA as its ticker -- think Federal Aviation Administration -- closed right in the middle of a 151 percent tear in airline stocks over two and half years. Such a rally inevitably got more investors interested in the notoriously cyclical industry. While there no no pure-play ETF anymore, there is another fund with a good slug of airline stocks and When an exchange-traded fund closes, it normally out of sight and out of mind. No one out there is pining for the HealthShares Dermatology and Wound Care ETF. But there is one defunct ETF that investors and analysts long for: the Guggenheim Airlines ETF. Even amid a string of crises that include the tragic downing of a civilian airliner by separatists in Ukraine, there has been little lasting impact on major financial markets around the world. And while airline stocks retreated recently, after rising on optimism tied to the repurchase plans and record second-quarter profits, they remain well positioned to profit as the global economy recovers, writes TV Adam Johnson. (news.financializer.com). As reported in the news.