Airlines
Markets
United CEO Kirby Pitches American Airlines Merger to Government Officials
Private proposal would consolidate two of the Big Three legacy carriers, creating a mega-carrier controlling 25% of US domestic capacity and triggering the largest antitrust battle in aviation since 2013.
Energy
Markets
Brent’s $119 Spike Erases Fed Cut Bets as Traders Reprice 2026 Inflation Path
Oil shock triggers wholesale reset of rate expectations, collapsing market odds of two Fed cuts to near-zero while crushing airline margins and rotating capital out of duration-sensitive equities.
Energy
Macro
Jet Fuel Spike Puts $8 Billion Squeeze on Airlines as Summer Travel Costs Climb
Strait of Hormuz disruptions drove fuel prices up 90% since January, threatening airline margins and pushing carriers toward June fare increases that ripple into inflation data.