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American Airline Cuts Outlook After Jet Fuel Shock Bill
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...
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Mar 25, 2026 / Tyler Durden
Saudis Bypass Hormuz As Oil Exports From Yanbu Surge Toward 5 Million Target
Saudis Bypass Hormuz As Oil Exports From Yanbu Surge Toward 5 Million Target
One week ago, when fears that the Strait of Hormuz blockade would mean a permanent collapse in oil supply (we have since seen that Iran is allowing "friendly" ships to cross the strait, especially if they grease the toll-keeper with $2 million per crossing) hit a fever pitch and pushed the price of Brent to $120, we said that "Saudi Arabia Has Already Revived More Than Half Its Oil Exports Via Hormuz Bypass."
With Iran blocking Saudi ships from...
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Apr 23, 2026 / Patrick Frise
God Bless Captain Vere: When Constitutional Duty Yields to Institutional Power
With President Trump demanding people in the armed forces as well as in other government offices do his bidding no matter what the law might be, it is time for people to learn the lesson of Captain Vere.
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May 7, 2026 / John T. Flynn
The President Goes to War
Of course the president, like everyone, frequently protests his desire for peace. Everyone does this. And I think we may assume he is quite sincere about it.
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