Auto sales cool as Ford Nissan slide in April
Major automakers report April declines as industry cools from 2016 peak. Nissan plunges 28 percent amid fleet pullback while Ford down 4.7 percent and Fiat Chrysler Jeep up 4.5 percent. Toyota, Honda, VW, Subaru show mixed results as crossovers and SUVs lead gains.
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OneJet to Acquire Ultimate Jet Charters in Expansion Push
OneJet announced a deal to buy Ohio based Ultimate Jet Charters, aiming to boost non stop service between midsize markets previously served by legacy carriers. The deal adds nine Dornier aircraft and ten Embraer jets, bringing total fleet to about 20 by year end, with integration starting June 4.
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Buy and hold beats selling in May over time
Fresh data argue against selling in May to dodge a rough six month window. Since 1950 the May to October period underperforms versus November to April, yet staying invested yields higher long term gains. Bespoke notes 1945 to present would be worth far more if you held through both periods.
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