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Delta joins the growing list of US airlines raising checked bag fees as jet fuel costs soar
Delta Air lines is joining a growing list of U.S. carriers raising checked bag fees
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Reuters
US transportation secretary sees room for airline mergers
By David Shepardson WASHINGTON, April 7 (Reuters) - U.S. Transportation Secretary Sean Duffy said on Tuesday he thinks there is room for consolidation in the U.S. airline industry but said any potential deal would face close scrutiny on how it would affect consumers.
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Reuters
Delta Air hikes checked baggage fees as jet fuel prices soar
April 7 (Reuters) - Delta Air Lines said on Tuesday it will raise fees for checked bags on domestic and select short-haul international routes, as airlines seek to offset soaring jet fuel costs linked to escalating tensions in the Middle East.
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Trendline
Delta Air Lines Raises Checked Bag Fees Amid Middle East Conflict Impact
Delta Air Lines Raises Checked Bag Fees Amid Middle East Conflict Impact
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Trendline
Delta Air Lines Joins Competitors in Raising Checked Bag Fees Amid Fuel Price Surge
Delta Air Lines Joins Competitors in Raising Checked Bag Fees Amid Fuel Price Surge
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Reuters
Stocks struggle, oil jumps as Trump's Iran deadline looms
By Ankur Banerjee SINGAPORE, April 7 (Reuters) - Global stocks wavered on Tuesday, while oil prices were perched near $110 per barrel as the prospect of escalation in the war in the Middle East and the looming deadline for a deal to be reached kept nervy investors on the sidelines.
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Reuters
From falling U.S. wealth to Indian factory closures, oil shock raises global recession risk
By Howard Schneider, Timothy Aeppel, Sarah McFarlane and Sumit Khanna SAN FRANCISCO/AHMEDABAD, India, April 7 (Reuters) - Kevin Kelly is in a tough spot.
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Reuters
Oil dives, stocks surge as Trump agrees to two-week ceasefire
SINGAPORE, April 8 (Reuters) - Oil prices dived, bonds rallied and stocks surged on Wednesday after a two-week ceasefire in the Middle East spurred a relief rally as investors cheered the possible resumption of oil and gas flowing through the Strait of Hormuz. U.S.
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Reuters
IATA chief says jet fuel supply could take months to recover after Hormuz reopening
SINGAPORE, April 8 (Reuters) - The head of a body representing global airlines said on Wednesday that even if Iran reopened the Strait of Hormuz it would take months for jet fuel supply to recover given disruptions to Middle East refining capacity. Oil fell below $100 per barrel after U.S.
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Reuters
Morning Bid: Final countdown?
By Anna Szymanski April 7 (Reuters) - What matters in U.S. and global markets today By Anna Szymanski, Editor-in-Charge, Reuters Open Interest Markets are once again held in suspense as traders count down to President Donald Trump’s latest deadline for Iran to reopen the Strait of Hormuz, with
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Trendline
Airlines Face Flight Cancellations Amid Rising Jet Fuel Costs Due to Iran Conflict
Airlines Face Flight Cancellations Amid Rising Jet Fuel Costs Due to Iran Conflict
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Reuters
JPMorgan's Dimon warns Iran war may drive inflation and interest rates higher
By Saeed Azhar NEW YORK, April 6 (Reuters) - JPMorgan Chase CEO Jamie Dimon warned on Monday that the war in Iran risks oil and commodity price shocks that could keep inflation sticky and push interest rates higher than the market now expects.
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