Defense spending is surging while airline profits are under pressure. The choice between these two funds comes down to which story you believe in more.
High oil prices above $90 per barrel are pressuring airlines and cruise lines, while fuel-cost-free hotel franchises like Marriott and Hilton reach new highs.
Bastian pointed to strong performance across core, and premium segments, while maintaining Delta’s first-quarter earnings outlook despite pressures from fuel costs and adverse weather conditions.
American Airlines shares fell 4% on Monday, tracking broader travel stocks, which declined amid escalating conflict in the Middle East and rising crude prices.
The company announced that its board adopted a limited-duration shareholder rights plan following Constellation Software's substantial increase in its stake in the company.
In September, the Trump administration issued an order to end the partnership that allows them to coordinate flight schedules and prices on U.S.-Mexico routes by Jan. 1.
The U.S. reportedly called the JV a "legalized collusion" that controls "almost 60% of operations at the fourth-largest international gateway to and from the United States," referring to Mexico City flights.
