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Stock impact report

Looming “Oil Cliff” Pinches Airline Profits, Traveler Wallets [Yahoo! Finance]

JetBlue Airways Corporation (JBLU) 
Last jetblue airways corporation earnings: 1/23 07:00 am Check Earnings Report
US:NASDAQ Investor Relations: investor.jetblue.com/investor-relations
Company Research Source: Yahoo! Finance
While there's never a bad time to visit Maui, your wallet would have preferred a February booking. The world will be short some 350 million barrels of jet fuel and other refined crude products by the end of April as the war in Iran keeps the Strait of Hormuz closed, Ryan McKay, TD Securities senior commodity strategist, said in a note published Thursday . It's enough to make travelers rethink their summer plans and poses a serious threat to the aviation industry's margins. The sky is falling … though some airlines are a little less exposed than others. Sign up for The Daily Upside at no cost for premium analysis on all your favorite stocks. READ ALSO: New Labor Data Rings Death Knell for the ‘Great Resignation' and Blue Owl Slams Brakes on Redemptions at Two Funds as Private Credit Worries Mount Postcards from the Edge Average jet fuel prices across the globe have risen faster than oil prices, soaring about 100% in the month since the Iran war started, according to the Inte Show less Read more
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