An F/A-18F Super Hornet, attached to Strike Fighter Squadron (VFA) 41, prepares to launch from the flight deck of Nimitz-class aircraft carrier USS Abraham Lincoln (CVN 72). Courtesy: U.S. Navy A ramp-up in fighting between the U.S. and Iran over the weekend has left Wall Street reconsidering its expectations for the war’s economic impact. The…
This photograph shows an aircraft of low-cost Irish airline Ryanair parked at the Thessaloniki airport “Makedonia”, in Thessaloniki on May 7, 2026. Sakis Mitrolidis | Afp | Getty Images Ryanair warned on Monday that struggling European airlines are facing a “difficult winter” ahead, as the budget carrier reported first-quarter profit that took a 34% hit…
Passengers board an Avelo flight at Tweed-New Haven Airport. Connecticut Public Broadcasting | Getty Images News | Getty Images With Spirit Airlines gone from the skies, travelers now have fewer lower-cost options waiting in the wings during the busy summer season. Americans may need to get used to it, as the changes taking place in…
SK Hynix Inc. 12-layer HBM3E memory chips, front, and a LPDDR5X CAMM2 memory module arranged at the company’s office in Seongnam, South Korea, on Tuesday, April 22, 2025. SeongJoon Cho | Bloomberg | Getty Images Hello, this is Leonie Kidd writing to you from London. Welcome to today’s edition of the Daily Open newsletter. The…
Traders work on the floor of the New York Stock Exchange during morning trading on May 21, 2026 in New York City. Michael M. Santiago | Getty Images Hello, this is Leonie Kidd writing to you from London. Welcome to today’s edition of the Daily Open newsletter. What a difference a week makes. On Monday,…
Ryanair has prepared for an “armageddon situation,” amid the jet fuel crisis, the budget airline’s chief financial officer told CNBC Monday. “Do we have plans for some kind of Armageddon situation? Of course, we do, but I don’t see that coming to pass. As things stand, we’re operating a full schedule this summer, and plan…
U.S. President Donald Trump sits at a table monitoring military operations during Operation Epic Fury against Iran, with U.S. flags visible behind him, in Washington, United States, on March 2, 2026. The White House via X | Anadolu | Getty Images LONDON — European stocks started the new trading week in negative territory on Monday…
European airlines will fail if the price of jet fuel remains elevated over the summer, the CEO of budget airline Ryanair warned. Speaking to CNBC on Thursday, CEO Michael O’Leary said that his airline was protected because it had hedged 80% of its fuel but predicted “real failures” for other airlines if the price of…
City workers in the La Defense business district of Paris, France, on Thursday, Oct. 9, 2025. Nathan Laine | Bloomberg | Getty Images Europe-listed shares opened sharply lower on Thursday, as fears of escalation in the U.S.-Iran war gripped global markets once again. Shortly after the opening bell, the pan-European Stoxx 600 was 1.2% lower,…
Ryanair Group CEO Michael O’Leary gestures while making a point during a press conference with Eddie Wilson, CEO of Ryanair, and Jason McGuinness, Commercial Director, to talk about the future of the company’s operation in the Portuguese market on July 23, 2024 in Lisbon, Portugal. Horacio Villalobos | Corbis News | Getty Images Ryanair chief…
