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American Airlines warns high fuel prices could force capacity adjustments

American Airlines warns high fuel prices could force capacity adjustments

By Rajesh Kumar Singh and Shivansh Tiwary CHICAGO, Sept 16 (Reuters) - American Airlines CEO Robert Isom said on Wednesday that persistently high fuel prices could force the carrier to adjust capacity, even as strong demand and revenue gains have helped offset much of the higher cost.

United Airlines CEO Scott Kirby Eyes Miami as Key Hub for South American Expansion

United Airlines CEO Scott Kirby Eyes Miami as Key Hub for South American Expansion

United Airlines CEO Scott Kirby Eyes Miami as Key Hub for South American Expansion

FAA boss set to discuss air traffic reform as airlines urged to better handle delays

FAA boss set to discuss air traffic reform as airlines urged to better handle delays

By Allison Lampert and Doyinsola Oladipo Sept 15 (Reuters) - Airlines affected by air traffic control staff shortages should do more to prevent delays from snowballing into broader disruptions, a pilots' union and an aviation consultant said, as lawmakers prepared to discuss U.S. sector reforms on

American Airlines Invests $4 Billion to Restructure DFW Hub Operations

American Airlines Invests $4 Billion to Restructure DFW Hub Operations

American Airlines Invests $4 Billion to Restructure DFW Hub Operations

Norfolk Southern sees fuel prices weighing on third quarter despite freight share gains

Norfolk Southern sees fuel prices weighing on third quarter despite freight share gains

Sept 15 (Reuters) - Norfolk Southern expects higher fuel prices to creating a significant headwind in the third quarter, even as the railroad operator continues to gain freight share from trucks, executives told investors at a Morgan Stanley conference in California on Tuesday.

Factbox-Major brokerages' forecasts for S&P 500 index in 2026

Factbox-Major brokerages' forecasts for S&P 500 index in 2026

Sept 16 (Reuters) - Global brokerages expect the benchmark S&P 500 index to extend its rally in 2026, betting on AI momentum and strong corporate earnings, while the war in Iran continues to weigh on investor sentiment.

Morgan Stanley turns more hawkish, forecasts two Fed hikes and ECB move

Morgan Stanley turns more hawkish, forecasts two Fed hikes and ECB move

By Kanishka Ajmera and Rashika Singh Sept 15 (Reuters) - Morgan Stanley has joined other major Wall Street banks in adopting a more hawkish outlook on interest rates, forecasting U.S.

Envoy Air Seeks Part-Time Ramp Agents, Offering Flight Privileges and Benefits

Envoy Air Seeks Part-Time Ramp Agents, Offering Flight Privileges and Benefits

Envoy Air Seeks Part-Time Ramp Agents, Offering Flight Privileges and Benefits

Lilly says Foundayo has captured over 30% of new US patients on oral weight-loss drugs

Lilly says Foundayo has captured over 30% of new US patients on oral weight-loss drugs

By Mariam Sunny Sept 14 (Reuters) - Eli Lilly on Monday said it has captured more than 30% of new patients in the U.S. market for oral obesity treatments, narrowing the early lead gained by Danish rival Novo Nordisk with its Wegovy pill.

British Airways exits entire market, cancels all flights

British Airways exits entire market, cancels all flights

A route that was supposed to resume in January 2027 has been suspended indefinitely.

Ryanair CEO sends rattling message on airfares ahead of earnings

Ryanair CEO sends rattling message on airfares ahead of earnings

Michael O'Leary told shareholders something they not have wanted to hear.

CVC-backed Bamboo Insurance targets $3.13 billion valuation in US IPO

CVC-backed Bamboo Insurance targets $3.13 billion valuation in US IPO

Sept 14 (Reuters) - CVC-backed Bamboo Insurance Services is targeting a valuation of up to $3.13 billion in its U.S. initial public offering, the company revealed in a filing on Monday.