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23.04.26 - 19:48
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Blackstone′s Jon Gray says AI is Single Biggest Driver | Open Interest 4/23/2026 (Bloomberg)
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Get a jump start on the US trading day with Matt Miller and Dani Burger on "Bloomberg Open Interest." Crude surges as tensions escalate in the Strait of Hormuz, rattling global markets. Blackstone's Jon Gray doubles down, calling for the firm's “best year ever” as IPO momentum builds. Plus, a wave of earnings—Tesla ramps AI spending to $25 billion, American Airlines braces for soaring fuel costs, and American Express sees travel demand cool. ServiceNow's Bill McDermott says growth is still the story. (Source: Bloomberg)...
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23.04.26 - 18:12
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American Airlines says soaring price of jet fuel will cost it $4bn this year (The Guardian)
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Fuel crisis from Middle East conflict could push airline into losses as it looks to offset costs with higher fares Business live – latest updatesThe soaring price of jet fuel will cost American Airlines another $4bn this year, the carrier has said, wiping out forecast profits.The airline, the world's largest by passengers flown, said that the fuel crisis from the US-Israel war on Iran could push it into losses during 2026, having forecast profits approaching $1.8bn before bombing started. Continue reading......
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23.04.26 - 16:06
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American Airlines Lowers Outlook on Rising Fuel Costs (Bloomberg)
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American Airlines announced it expects $4 billion in additional expenses due to rising jet fuel prices but plans to raise fares to offset these costs, maintaining some of the price increases even if fuel prices return to prewar levels. Siddharth Philip has more on "Bloomberg Open Interest." (Source: Bloomberg)...
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23.04.26 - 15:45
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American Airline Cuts Outlook After Jet Fuel Shock Bill (ZeroHedge)
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American Airline Cuts Outlook After Jet Fuel Shock Bill
American Airlines slashed its full-year outlook on Thursday morning, warning it could post a loss in 2026 as the Iran-U.S. war, which sent jet fuel prices soaring, adds roughly $4 billion in fuel costs.
The airline now expects full-year results ranging from a 40-cent loss to a $1.10 profit, down from its earlier forecast of $1.10 to $2.70 in earnings per share.
"Based on the forward fuel curve and the current revenue outlook, the midpoint of the full-year guidance is expected to be approximately flat to 2025, despite a greater than $4 billion increase in expense related to higher prices for jet fuel," American stated in an earnings release.
However, American beat Bloomberg Consensus first-quarter estimates, posting a smaller-than-expected adjusted loss and stronger-than-forecast revenue.
Management said the airline is trying to shield the company as elevated jet fuel costs erode profits, while hoping that premium and international demand...
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