16 days ago
Fox News Flash top headlines are here. Check out what's clicking on FoxNews.com.
A Delta Air Lines passenger jet on Tuesday struck an Air Canada aircraft being towed to its arrival gate just after it landed at Los Angeles International Airport, both airlines said.
Delta Air Lines Flight 7, slated to depart for Tokyo, carrying 275 passengers and 15 crew members, struck an Air Canada passenger jet with its left wingtip, a Delta spokesperson told Fox News Digital. No injuries were initially reported.
"While taxiing at Los Angeles International Airport, a Delta aircraft made contact with an Air Canada aircraft," a Delta statement said. "Nothing is more important than the safety of our customers and people, and we apologize to our customers for the experience and delay in their travel."
'WE NEED TO RETURN IMMEDIATELY,' FLIGHT CREW WARNS AS PILOT HEALTH EMERGENCY UNFOLDS
#aircraft
A Delta Air Lines passenger jet on Tuesday struck an Air Canada aircraft being towed to its arrival gate just after it landed at Los Angeles International Airport, both airlines said.
Delta Air Lines Flight 7, slated to depart for Tokyo, carrying 275 passengers and 15 crew members, struck an Air Canada passenger jet with its left wingtip, a Delta spokesperson told Fox News Digital. No injuries were initially reported.
"While taxiing at Los Angeles International Airport, a Delta aircraft made contact with an Air Canada aircraft," a Delta statement said. "Nothing is more important than the safety of our customers and people, and we apologize to our customers for the experience and delay in their travel."
'WE NEED TO RETURN IMMEDIATELY,' FLIGHT CREW WARNS AS PILOT HEALTH EMERGENCY UNFOLDS
#aircraft
17 days ago
LONDON — A British Airways passenger jet flying from London to Chicago descended 28,000 feet in just seven minutes after declaring an emergency due to an unspecified “technical issue,” the airline said Monday.
The Boeing 777 took off at 12:15 p.m. local time (7:15 a.m. ET) but started descending just 30 minutes later while flying over Ireland, according to flight-tracking website FlightAware.
The plane turned around and spent around four hours zigzagging over the Bristol Channel, a waterway to the west of England, before landing back at London Heathrow Airport at 5 p.m. local time (noon ET).
“The aircraft landed safely after our highly-trained pilots returned to Heathrow following a technical issue,” British Airways said in an emailed statement. “Customers disembarked the aircraft normally and our teams are working to get their travel plans back on track as quickly as possible.”
Heathrow did not immediately respond to a request for comment.
#british #airways #minutes
The Boeing 777 took off at 12:15 p.m. local time (7:15 a.m. ET) but started descending just 30 minutes later while flying over Ireland, according to flight-tracking website FlightAware.
The plane turned around and spent around four hours zigzagging over the Bristol Channel, a waterway to the west of England, before landing back at London Heathrow Airport at 5 p.m. local time (noon ET).
“The aircraft landed safely after our highly-trained pilots returned to Heathrow following a technical issue,” British Airways said in an emailed statement. “Customers disembarked the aircraft normally and our teams are working to get their travel plans back on track as quickly as possible.”
Heathrow did not immediately respond to a request for comment.
#british #airways #minutes
18 days ago
By Alexander Cornwell and Maayan Lubell
JERUSALEM, Oct 5 (Reuters) - The flydubai co-pilot who stabbed his captain in a suspected attempt to crash the plane has told UAE interrogators he planned the attack before he was hired by the Dubai state-owned airline, according to two Israeli officials with knowledge of the probe.
A third source briefed on the UAE probe said the co-pilot, an Omani national, had planned to crash last Wednesday's flight into Ben-Gurion airport near Tel Aviv. He had also operated a flight to Tel Aviv earlier this year and intended to hijack and crash the plane then, but opted not to, the source added.
It was not immediately clear why the co-pilot changed his mind on that previous flight, although the co-pilot is thought to have known someone onboard, the source said.
All of the sources spoke on condition of anonymity to discuss the investigation. UAE and Israeli authorities did not immediately respond to a request for comment, nor did flydubai.
#pilot #crash #flight #planned
JERUSALEM, Oct 5 (Reuters) - The flydubai co-pilot who stabbed his captain in a suspected attempt to crash the plane has told UAE interrogators he planned the attack before he was hired by the Dubai state-owned airline, according to two Israeli officials with knowledge of the probe.
A third source briefed on the UAE probe said the co-pilot, an Omani national, had planned to crash last Wednesday's flight into Ben-Gurion airport near Tel Aviv. He had also operated a flight to Tel Aviv earlier this year and intended to hijack and crash the plane then, but opted not to, the source added.
It was not immediately clear why the co-pilot changed his mind on that previous flight, although the co-pilot is thought to have known someone onboard, the source said.
All of the sources spoke on condition of anonymity to discuss the investigation. UAE and Israeli authorities did not immediately respond to a request for comment, nor did flydubai.
#pilot #crash #flight #planned
20 days ago
Sources identified the suspected attacker as 29-year-old Hamam Al Hammami.
The co-pilot of the FlyDubai plane who allegedly attacked the plane's captain and attempted to crash a flight bound for Israel on Wednesday is an Omani national who was previously suspended from flying by Oman Air after being identified as a security risk, according to senior intelligence and law enforcement officials.
Multiple sources familiar with the investigation identified the suspected attacker as 29-year-old Hamam Al Hammami.
The officials told ABC News that Al Hammami, while working as a co-pilot trainee for Oman Air in 2024, was found to be in possession of extremist materials. The suspect was allowed to continue working for the airline in an administrative role, the sources said.
United Arab Emirates Attorney General Hamad Saif Al Shamsi on Saturday said the aircraft's co-pilot had attempted to carry out a terrorist act and that he began executing his plan during the flight by ***** aulting the pilot inside the ***** pit using a crash axe and attempted to seize control of the aircraft's controls, according to WAM state news agency.
#attacker #year
The co-pilot of the FlyDubai plane who allegedly attacked the plane's captain and attempted to crash a flight bound for Israel on Wednesday is an Omani national who was previously suspended from flying by Oman Air after being identified as a security risk, according to senior intelligence and law enforcement officials.
Multiple sources familiar with the investigation identified the suspected attacker as 29-year-old Hamam Al Hammami.
The officials told ABC News that Al Hammami, while working as a co-pilot trainee for Oman Air in 2024, was found to be in possession of extremist materials. The suspect was allowed to continue working for the airline in an administrative role, the sources said.
United Arab Emirates Attorney General Hamad Saif Al Shamsi on Saturday said the aircraft's co-pilot had attempted to carry out a terrorist act and that he began executing his plan during the flight by ***** aulting the pilot inside the ***** pit using a crash axe and attempted to seize control of the aircraft's controls, according to WAM state news agency.
#attacker #year
1 month ago
Former President Obama on Friday slammed President Trump over his handling of how to approach artificial intelligence amid “doomsday” warnings coming from some in the tech industry about the technology’s potential existential threat to humanity.
Obama said during an interview at Colgate University in New York that the federal government must regulate AI, before referring to comments made by one Trump adviser.
“I heard one of Donald Trump’s main advisers on this make the argument that, ‘The market will take care of AI,'” the former president said. “‘These companies will solve the safety issues because they have every incentive to do so — if it turns out to be dangerous, people will just sue them, and they’re worried about financial liability.'”
“That’s not how we treat airlines,” Obama added. “Or drug companies, or food companies.”
Obama continued to say that AI could become a threat at a human level if it falls into the clutches of “bad humans” and if self-improving AI models realize they no longer need humans. He referred to Trump again in that his successor has said regulations on AI are “for losers.”
#obama #president #university
Obama said during an interview at Colgate University in New York that the federal government must regulate AI, before referring to comments made by one Trump adviser.
“I heard one of Donald Trump’s main advisers on this make the argument that, ‘The market will take care of AI,'” the former president said. “‘These companies will solve the safety issues because they have every incentive to do so — if it turns out to be dangerous, people will just sue them, and they’re worried about financial liability.'”
“That’s not how we treat airlines,” Obama added. “Or drug companies, or food companies.”
Obama continued to say that AI could become a threat at a human level if it falls into the clutches of “bad humans” and if self-improving AI models realize they no longer need humans. He referred to Trump again in that his successor has said regulations on AI are “for losers.”
#obama #president #university
1 month ago
Musk predicts Starlink (SPCX) could carry a majority of global internet within 10 years, powered by a 100x bandwidth increase from V3 satellites.
Enterprise revenue surged 108%, fueled by airline deals with American Airlines (AAL) and Southwest (LUV) and over $6 billion in Starshield contracts.
Just released. Our ****** ysts combed the entire stock market and named the ten best stocks to buy right now, and ****** eX made the cut. Enter your email to see the other nine names and why SPCX earned its spot. The report is free. Enter your email and see the full list.
On the August 4, 2026 earnings call, ****** eX (NASDAQ:SPCX) chief executive Elon Musk predicted Starlink could carry the bulk of global internet traffic within 10 years, driven by a next-generation satellite that multiplies delivered bandwidth dramatically.
This morning, in a post on X, he expanded on just how big that could be:
#starlink #enter #internet
Enterprise revenue surged 108%, fueled by airline deals with American Airlines (AAL) and Southwest (LUV) and over $6 billion in Starshield contracts.
Just released. Our ****** ysts combed the entire stock market and named the ten best stocks to buy right now, and ****** eX made the cut. Enter your email to see the other nine names and why SPCX earned its spot. The report is free. Enter your email and see the full list.
On the August 4, 2026 earnings call, ****** eX (NASDAQ:SPCX) chief executive Elon Musk predicted Starlink could carry the bulk of global internet traffic within 10 years, driven by a next-generation satellite that multiplies delivered bandwidth dramatically.
This morning, in a post on X, he expanded on just how big that could be:
#starlink #enter #internet
1 month ago
The price of jet fuel averaged $4.53 USD per gallon for the week ending Sept. 18, according to the latest Airlines for America U.S. Jet Fuel Index.
Driven by the war in Iran and closure of the Strait of Hormuz following the U.S.-Israeli strike on Iran at the end of February 2026, this price is a nearly 80% increase from the national average a year ago.
As a result, almost every major and regional airline has had to keep reworking its networks to maximize jet fuel use and ruthlessly cut any flights not bringing in the expected traffic.
Airline chief executives have also been sounding the alarm on what prolonged jet fuel prices could mean for the industry.
"If fuel prices remain as high as they are right now, I think that that's going to require some adjustments in terms of our capacity planning as we take a look into the future," American Airlines CEO Robert Isom said at the annual Morgan Stanley Laguna Conference in California on Sept. 16, Airline Geeks reported.
#airlines #price #index
Driven by the war in Iran and closure of the Strait of Hormuz following the U.S.-Israeli strike on Iran at the end of February 2026, this price is a nearly 80% increase from the national average a year ago.
As a result, almost every major and regional airline has had to keep reworking its networks to maximize jet fuel use and ruthlessly cut any flights not bringing in the expected traffic.
Airline chief executives have also been sounding the alarm on what prolonged jet fuel prices could mean for the industry.
"If fuel prices remain as high as they are right now, I think that that's going to require some adjustments in terms of our capacity planning as we take a look into the future," American Airlines CEO Robert Isom said at the annual Morgan Stanley Laguna Conference in California on Sept. 16, Airline Geeks reported.
#airlines #price #index
1 month ago
Elon Musk's ***** eX has been talking, internally, about buying the leftover customer files of startups that already went under. Not licensing data from companies that are still operating and can say no. Buying the digital estate of companies that no longer exist to say anything at all.
The discussions are happening inside ***** eXAI, the artificial intelligence division born in February when ***** eX merged with xAI. People familiar with the talks told Bloomberg they're informal and might go nowhere. But the idea makes sense from the perspective of an AI lab racing for the frontier.
The goal is basically cheap fuel for Grok. AI models learn from training data—the text, code, and records an algorithm studies to get better at predicting what comes next—and the good stuff, real business records instead of scraped web pages, is getting expensive. A dead company's file cabinet is apparently a bargain by comparison.
Google already did the same. The search giant paid $10 million in a bankruptcy auction for the internal records of Spirit Airlines, the discount carrier that shut down for good this year. They got around 100 million emails, 500 million Microsoft Teams messages, decades of employee files, all headed into an AI training pipeline.
That data belonged to real employees who signed up for a job, not an AI experiment. A flight attendants' union objected in bankruptcy court, arguing that scrubbing names off records—what companies call "de-identifying" data—doesn't stop someone from piecing together who said what in a decade of internal chats. The court fight is still ongoing.
#million #buying #still #training
The discussions are happening inside ***** eXAI, the artificial intelligence division born in February when ***** eX merged with xAI. People familiar with the talks told Bloomberg they're informal and might go nowhere. But the idea makes sense from the perspective of an AI lab racing for the frontier.
The goal is basically cheap fuel for Grok. AI models learn from training data—the text, code, and records an algorithm studies to get better at predicting what comes next—and the good stuff, real business records instead of scraped web pages, is getting expensive. A dead company's file cabinet is apparently a bargain by comparison.
Google already did the same. The search giant paid $10 million in a bankruptcy auction for the internal records of Spirit Airlines, the discount carrier that shut down for good this year. They got around 100 million emails, 500 million Microsoft Teams messages, decades of employee files, all headed into an AI training pipeline.
That data belonged to real employees who signed up for a job, not an AI experiment. A flight attendants' union objected in bankruptcy court, arguing that scrubbing names off records—what companies call "de-identifying" data—doesn't stop someone from piecing together who said what in a decade of internal chats. The court fight is still ongoing.
#million #buying #still #training
1 month ago
On September 11, a caller praised The Boeing Company's (NYSE:BA) CEO and asked when the company would overcome the ongoing labor uncertainty and finally move beyond years of sideways stock performance. Mad Money host Jim Cramer replied:
I think that Boeing is ready to go up. But here's the problem. Every time crude goes up a dollar, the stock goes down a dollar. And that, think about it, that was actually the ratio. I did some work on this. And because today crude was down, Boeing went up $5... No, it's so stupid because, in truth, the airlines need more planes because the planes are more fuel-efficient. So they actually do better in this environment, but ******* ody cares. They know that airlines have to borrow money to buy planes and rates are higher, and they think that oil somehow's bad. But what ends up happening is the stock does nothing. I think it's about to go up because I think oil might be peaking unless there's some catastrophe over there.
The Boeing Company's (NYSE:BA) second-quarter results showed improving cash generation, but profitability remained weak. Revenue rose 8% year over year to $24.6 billion, while operating cash flow reached $1.4 billion and free cash flow was $631 million. Its total backlog reached a record $715 billion, including more than 6,200 commercial airplanes. CEO Kelly Ortberg said, "We're ramping up production just as we planned. That's driving higher revenues and improved cash flow." He also said there's more work ahead to ramp production, complete commercial-aircraft certifications and uphold customer commitments. Boeing said the 737-7 and 737-10 had completed flight testing, with deliveries expected to begin in 2027.
The Boeing Company's (NYSE:BA) large backlog has yet to translate into consistent commercial-aircraft profitability, leaving execution and margins as important concerns for investors. Commercial Airplanes delivered 171 aircraft in the second quarter but still posted a $322 million operating loss and a negative 2.7% operating margin. It also reported a $428 million GAAP net loss.
The balance sheet leaves less room for further setbacks. The company ended June with $45.9 billion of consolidated debt against $20 billion of cash and investments in marketable securities. The FAA certified the 737-7 on August 3, while Boeing continues working toward certification of the 737-10. First deliveries of the variants are expected in 2027. The company also recorded $280 million of losses on the VC-25B program in the quarter.
#boeing #cash #commercial
I think that Boeing is ready to go up. But here's the problem. Every time crude goes up a dollar, the stock goes down a dollar. And that, think about it, that was actually the ratio. I did some work on this. And because today crude was down, Boeing went up $5... No, it's so stupid because, in truth, the airlines need more planes because the planes are more fuel-efficient. So they actually do better in this environment, but ******* ody cares. They know that airlines have to borrow money to buy planes and rates are higher, and they think that oil somehow's bad. But what ends up happening is the stock does nothing. I think it's about to go up because I think oil might be peaking unless there's some catastrophe over there.
The Boeing Company's (NYSE:BA) second-quarter results showed improving cash generation, but profitability remained weak. Revenue rose 8% year over year to $24.6 billion, while operating cash flow reached $1.4 billion and free cash flow was $631 million. Its total backlog reached a record $715 billion, including more than 6,200 commercial airplanes. CEO Kelly Ortberg said, "We're ramping up production just as we planned. That's driving higher revenues and improved cash flow." He also said there's more work ahead to ramp production, complete commercial-aircraft certifications and uphold customer commitments. Boeing said the 737-7 and 737-10 had completed flight testing, with deliveries expected to begin in 2027.
The Boeing Company's (NYSE:BA) large backlog has yet to translate into consistent commercial-aircraft profitability, leaving execution and margins as important concerns for investors. Commercial Airplanes delivered 171 aircraft in the second quarter but still posted a $322 million operating loss and a negative 2.7% operating margin. It also reported a $428 million GAAP net loss.
The balance sheet leaves less room for further setbacks. The company ended June with $45.9 billion of consolidated debt against $20 billion of cash and investments in marketable securities. The FAA certified the 737-7 on August 3, while Boeing continues working toward certification of the 737-10. First deliveries of the variants are expected in 2027. The company also recorded $280 million of losses on the VC-25B program in the quarter.
#boeing #cash #commercial
1 month ago
Travel credit cards offer points and miles rewards on your spending, which you can use toward travel-related redemptions, such as flights, hotel stays, and car rentals. You'll often earn the highest rewards rate on travel purchases with a travel credit card. However, many also offer boosted rewards on everyday purchases like groceries, gas, and more.
When you're comparing travel credit cards, it's useful to separate them into two distinct types: general travel rewards cards and co-branded airline and hotel credit cards.
With a general travel credit card, you'll have a number of flexible redemption options when you're ready to redeem your points and miles.
Travel card issuers generally have their own travel portals, like Chase Travel or American Express Travel, where you can book flights, hotels, rental cars, and more. These programs also have a number of travel transfer partners to which you can directly transfer points or miles. For example, American Express Membership Rewards points transfer to Delta SkyMiles at a rate of 1:1.
The flexibility of general travel cards means you can use your rewards to travel with different airlines or hotel brands. Each time you're ready to book, simply shop around between the portal or partners and compare the best options for your specific travel plans.
#rewards #points #you 're
When you're comparing travel credit cards, it's useful to separate them into two distinct types: general travel rewards cards and co-branded airline and hotel credit cards.
With a general travel credit card, you'll have a number of flexible redemption options when you're ready to redeem your points and miles.
Travel card issuers generally have their own travel portals, like Chase Travel or American Express Travel, where you can book flights, hotels, rental cars, and more. These programs also have a number of travel transfer partners to which you can directly transfer points or miles. For example, American Express Membership Rewards points transfer to Delta SkyMiles at a rate of 1:1.
The flexibility of general travel cards means you can use your rewards to travel with different airlines or hotel brands. Each time you're ready to book, simply shop around between the portal or partners and compare the best options for your specific travel plans.
#rewards #points #you 're
1 month ago
Travel credit cards offer points and miles rewards on your spending, which you can use toward travel-related redemptions, such as flights, hotel stays, and car rentals. You'll often earn the highest rewards rate on travel purchases with a travel credit card. However, many also offer boosted rewards on everyday purchases like groceries, gas, and more.
When you're comparing travel credit cards, it's useful to separate them into two distinct types: general travel rewards cards and co-branded airline and hotel credit cards.
With a general travel credit card, you'll have a number of flexible redemption options when you're ready to redeem your points and miles.
Travel card issuers generally have their own travel portals, like Chase Travel or American Express Travel, where you can book flights, hotels, rental cars, and more. These programs also have a number of travel transfer partners to which you can directly transfer points or miles. For example, American Express Membership Rewards points transfer to Delta SkyMiles at a rate of 1:1.
The flexibility of general travel cards means you can use your rewards to travel with different airlines or hotel brands. Each time you're ready to book, simply shop around between the portal or partners and compare the best options for your specific travel plans.
#credit #hotel #general
When you're comparing travel credit cards, it's useful to separate them into two distinct types: general travel rewards cards and co-branded airline and hotel credit cards.
With a general travel credit card, you'll have a number of flexible redemption options when you're ready to redeem your points and miles.
Travel card issuers generally have their own travel portals, like Chase Travel or American Express Travel, where you can book flights, hotels, rental cars, and more. These programs also have a number of travel transfer partners to which you can directly transfer points or miles. For example, American Express Membership Rewards points transfer to Delta SkyMiles at a rate of 1:1.
The flexibility of general travel cards means you can use your rewards to travel with different airlines or hotel brands. Each time you're ready to book, simply shop around between the portal or partners and compare the best options for your specific travel plans.
#credit #hotel #general
1 month ago
Interested in American Airlines Group Inc.? Here are five stocks we like better.
Demand remains strong: American Airlines expects third-quarter revenue growth of 16% to 19%, with broad-based strength across corporate, international, domestic, premium and coach travel.
Fuel costs threaten profitability: Fourth-quarter fuel prices have risen about $1 per gallon in four weeks, potentially adding roughly $1 billion to quarterly fuel expense and prompting possible capacity reductions.
Long-term growth initiatives continue: American is expanding premium seating, rebuilding its network and growing its AAdvantage-Citi co-brand partnership, which it expects could contribute $1.5 billion in pretax profit by 2030.
Flight Path to Profits: American Airlines Bets on ****** eX
#airlines #quarter #Growth #group
Demand remains strong: American Airlines expects third-quarter revenue growth of 16% to 19%, with broad-based strength across corporate, international, domestic, premium and coach travel.
Fuel costs threaten profitability: Fourth-quarter fuel prices have risen about $1 per gallon in four weeks, potentially adding roughly $1 billion to quarterly fuel expense and prompting possible capacity reductions.
Long-term growth initiatives continue: American is expanding premium seating, rebuilding its network and growing its AAdvantage-Citi co-brand partnership, which it expects could contribute $1.5 billion in pretax profit by 2030.
Flight Path to Profits: American Airlines Bets on ****** eX
#airlines #quarter #Growth #group
1 month ago
With aviation often a prohibitively costly industry for individual players without major backing, several smaller and charter carriers did not survive the spike in jet fuel prices that came at the start of 2026 following the U.S.-Israeli strike on Iran.
Major recent news in this ***** e includes the collapse of Spirit Airlines and the bankruptcy filing of Latvian flag carrier AirBaltic. Smaller carriers that shut down in 2026 include Mexican holiday airline Magnicharters, Finnish charter airline Jetflite, and most recently in September 2026, French charter carrier AirAiles.
And in Colorado, charter broker and indirect air carrier OneFlight International is reportedly pausing all flights for 30 days as a long string of financial problems catches up with it.
The company does not own any aircraft but functions as a broker, organizing chartered flights by private jet and jet card subscriptions.
A jet card is a membership in which customers book flight hours on a private plane at fixed rates. Along with fractional ownership, it is one of two main ways that passengers who fly private book their flights.
#carrier #card
Major recent news in this ***** e includes the collapse of Spirit Airlines and the bankruptcy filing of Latvian flag carrier AirBaltic. Smaller carriers that shut down in 2026 include Mexican holiday airline Magnicharters, Finnish charter airline Jetflite, and most recently in September 2026, French charter carrier AirAiles.
And in Colorado, charter broker and indirect air carrier OneFlight International is reportedly pausing all flights for 30 days as a long string of financial problems catches up with it.
The company does not own any aircraft but functions as a broker, organizing chartered flights by private jet and jet card subscriptions.
A jet card is a membership in which customers book flight hours on a private plane at fixed rates. Along with fractional ownership, it is one of two main ways that passengers who fly private book their flights.
#carrier #card
1 month ago
Alluvium ****** et Management, an ****** et management company, released its "Conventum – Alluvium Global Fund" second-quarter 2026 investor letter. The letter can be downloaded here. The second quarter reflected a sharp shift from geopolitical uncertainty and oil market volatility to a powerful equity rally led by semiconductor companies. Despite the broader market strength, the Fund declined 1.4% in EUR terms, 2.2% in USD terms, and 3.9% in AUD terms. Portfolio results were mixed, with Alphabet benefiting from strong Cloud growth, while Robert Half, H&R Block, and other holdings posted solid gains. However, cable businesses and several healthcare and consumer holdings weighed on performance. Also, check the fund's top five holdings to see its best picks in 2026.
In its second-quarter 2026 investor letter, Conventum – Alluvium Global Fund highlighted Ryanair Holdings plc (NASDAQ:RYAAY). Headquartered in Swords, Ireland, Ryanair Holdings plc (NASDAQ:RYAAY) provides scheduled passenger airline services. On September 15, 2026, Ryanair Holdings plc (NASDAQ:RYAAY) closed at $51.95 per share. Over the past month, Ryanair Holdings plc (NASDAQ:RYAAY) declined 5.18%, and its shares lost 9.81% over the past 52 weeks. Ryanair Holdings plc (NASDAQ:RYAAY) has a market capitalization of $26.32 billion and its stock has traded within a 52-week range of $51.68 and $74.24.
Conventum – Alluvium Global Fund stated the following regarding Ryanair Holdings plc (NASDAQ:RYAAY) in its Q2 2026 investor letter:
"Similarly with Ryanair Holdings plc (NASDAQ:RYAAY) (up 14.6%) its share price was faltering and we added to our position, but it since bounced back to account for more than 10% of the Fund, so in this case we were forced to sell a little. It now accounts for 9.9% of the Fund."
Ryanair Holdings plc (NASDAQ:RYAAY) is not on our list of the 40 Most Popular Stocks Among Hedge Funds. As per our database, 23 hedge fund portfolios held Ryanair Holdings plc (NASDAQ:RYAAY) at the end of the second quarter which was 29 in the previous quarter. While we acknowledge the potential of Ryanair Holdings plc (NASDAQ:RYAAY) as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
#NASDAQ #ryaay #conventum #global
In its second-quarter 2026 investor letter, Conventum – Alluvium Global Fund highlighted Ryanair Holdings plc (NASDAQ:RYAAY). Headquartered in Swords, Ireland, Ryanair Holdings plc (NASDAQ:RYAAY) provides scheduled passenger airline services. On September 15, 2026, Ryanair Holdings plc (NASDAQ:RYAAY) closed at $51.95 per share. Over the past month, Ryanair Holdings plc (NASDAQ:RYAAY) declined 5.18%, and its shares lost 9.81% over the past 52 weeks. Ryanair Holdings plc (NASDAQ:RYAAY) has a market capitalization of $26.32 billion and its stock has traded within a 52-week range of $51.68 and $74.24.
Conventum – Alluvium Global Fund stated the following regarding Ryanair Holdings plc (NASDAQ:RYAAY) in its Q2 2026 investor letter:
"Similarly with Ryanair Holdings plc (NASDAQ:RYAAY) (up 14.6%) its share price was faltering and we added to our position, but it since bounced back to account for more than 10% of the Fund, so in this case we were forced to sell a little. It now accounts for 9.9% of the Fund."
Ryanair Holdings plc (NASDAQ:RYAAY) is not on our list of the 40 Most Popular Stocks Among Hedge Funds. As per our database, 23 hedge fund portfolios held Ryanair Holdings plc (NASDAQ:RYAAY) at the end of the second quarter which was 29 in the previous quarter. While we acknowledge the potential of Ryanair Holdings plc (NASDAQ:RYAAY) as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
#NASDAQ #ryaay #conventum #global
1 month ago
Alluvium ***** et Management, an ***** et management company, released its "Conventum – Alluvium Global Fund" second-quarter 2026 investor letter. The letter can be downloaded here. The second quarter reflected a sharp shift from geopolitical uncertainty and oil market volatility to a powerful equity rally led by semiconductor companies. Despite the broader market strength, the Fund declined 1.4% in EUR terms, 2.2% in USD terms, and 3.9% in AUD terms. Portfolio results were mixed, with Alphabet benefiting from strong Cloud growth, while Robert Half, H&R Block, and other holdings posted solid gains. However, cable businesses and several healthcare and consumer holdings weighed on performance. Also, check the fund's top five holdings to see its best picks in 2026.
In its second-quarter 2026 investor letter, Conventum – Alluvium Global Fund highlighted Ryanair Holdings plc (NASDAQ:RYAAY). Headquartered in Swords, Ireland, Ryanair Holdings plc (NASDAQ:RYAAY) provides scheduled passenger airline services. On September 15, 2026, Ryanair Holdings plc (NASDAQ:RYAAY) closed at $51.95 per share. Over the past month, Ryanair Holdings plc (NASDAQ:RYAAY) declined 5.18%, and its shares lost 9.81% over the past 52 weeks. Ryanair Holdings plc (NASDAQ:RYAAY) has a market capitalization of $26.32 billion and its stock has traded within a 52-week range of $51.68 and $74.24.
Conventum – Alluvium Global Fund stated the following regarding Ryanair Holdings plc (NASDAQ:RYAAY) in its Q2 2026 investor letter:
"Similarly with Ryanair Holdings plc (NASDAQ:RYAAY) (up 14.6%) its share price was faltering and we added to our position, but it since bounced back to account for more than 10% of the Fund, so in this case we were forced to sell a little. It now accounts for 9.9% of the Fund."
Ryanair Holdings plc (NASDAQ:RYAAY) is not on our list of the 40 Most Popular Stocks Among Hedge Funds. As per our database, 23 hedge fund portfolios held Ryanair Holdings plc (NASDAQ:RYAAY) at the end of the second quarter which was 29 in the previous quarter. While we acknowledge the potential of Ryanair Holdings plc (NASDAQ:RYAAY) as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
#ryanair
In its second-quarter 2026 investor letter, Conventum – Alluvium Global Fund highlighted Ryanair Holdings plc (NASDAQ:RYAAY). Headquartered in Swords, Ireland, Ryanair Holdings plc (NASDAQ:RYAAY) provides scheduled passenger airline services. On September 15, 2026, Ryanair Holdings plc (NASDAQ:RYAAY) closed at $51.95 per share. Over the past month, Ryanair Holdings plc (NASDAQ:RYAAY) declined 5.18%, and its shares lost 9.81% over the past 52 weeks. Ryanair Holdings plc (NASDAQ:RYAAY) has a market capitalization of $26.32 billion and its stock has traded within a 52-week range of $51.68 and $74.24.
Conventum – Alluvium Global Fund stated the following regarding Ryanair Holdings plc (NASDAQ:RYAAY) in its Q2 2026 investor letter:
"Similarly with Ryanair Holdings plc (NASDAQ:RYAAY) (up 14.6%) its share price was faltering and we added to our position, but it since bounced back to account for more than 10% of the Fund, so in this case we were forced to sell a little. It now accounts for 9.9% of the Fund."
Ryanair Holdings plc (NASDAQ:RYAAY) is not on our list of the 40 Most Popular Stocks Among Hedge Funds. As per our database, 23 hedge fund portfolios held Ryanair Holdings plc (NASDAQ:RYAAY) at the end of the second quarter which was 29 in the previous quarter. While we acknowledge the potential of Ryanair Holdings plc (NASDAQ:RYAAY) as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
#ryanair
1 month ago
On September 10, IBEX Limited (NASDAQ:IBEX) held its fourth-quarter and full fiscal year 2026 earnings call, and the numbers backed up a message management has been building toward for months. The company posted record full-year revenue, adjusted EBITDA, and free cash flow, all while pitching itself as a business that has flipped the AI narrative in its favor rather than becoming its next casualty. For a sector that has spent the last two years bracing for automation to gut it, that is a notable claim to back with actual client wins.
Full-year revenue hit $644.1 million, up 15.4% organically, and fourth-quarter revenue reached $164.3 million, up 11.6% from a year earlier. That marked the sixth straight quarter of double-digit growth, a streak that suggests the momentum is not a one-off. HealthTech led the charge, climbing 38.5% to $114 million for the year and blowing past the $100 million target management had set for the segment, driven largely by demand from large insurance payers. Technology grew 27.4% in the quarter, while travel and logistics added 17.8%, helped by a new AI agent partnership with Philippine Airlines.
That Philippine Airlines deal is the clearest evidence that IBEX's Sierra AI partnership, formalized in January and announced publicly in May, is more than a slide in an investor deck. During the proof of concept, the AI agent handled interactions in English, Tagalog, and Taglish, hit resolution rates above 20%, and scored a 4.7 out of 5.0 on customer satisfaction, on par with human agents. A separate deployment for BJ's Wholesale pushed resolution rates above 40% and matched that same satisfaction score, beating the marks the client's prior BPO vendor had put up with human agents alone. The company added 17 new trophy logo clients across the year, and its top five clients now make up 33% of revenue, down from 36%, a sign the business is not leaning on a shrinking handful of accounts to carry it.
Not every line moved in the right direction. Fourth quarter GAAP net income slipped to $8.7 million from $9.6 million a year earlier, and diluted EPS fell to $0.59 from $0.66. Management pointed to training costs tied to all those new client wins, a temporary hit from shifting work out of nearshore centers into offshore ones, and higher fuel prices hitting utility and transportation costs, particularly offshore. Adjusted EBITDA margin for the quarter slipped to 12.3% from 13.9%, the same set of pressures showing up in the profitability line rather than just net income.
#revenue #fourth
Full-year revenue hit $644.1 million, up 15.4% organically, and fourth-quarter revenue reached $164.3 million, up 11.6% from a year earlier. That marked the sixth straight quarter of double-digit growth, a streak that suggests the momentum is not a one-off. HealthTech led the charge, climbing 38.5% to $114 million for the year and blowing past the $100 million target management had set for the segment, driven largely by demand from large insurance payers. Technology grew 27.4% in the quarter, while travel and logistics added 17.8%, helped by a new AI agent partnership with Philippine Airlines.
That Philippine Airlines deal is the clearest evidence that IBEX's Sierra AI partnership, formalized in January and announced publicly in May, is more than a slide in an investor deck. During the proof of concept, the AI agent handled interactions in English, Tagalog, and Taglish, hit resolution rates above 20%, and scored a 4.7 out of 5.0 on customer satisfaction, on par with human agents. A separate deployment for BJ's Wholesale pushed resolution rates above 40% and matched that same satisfaction score, beating the marks the client's prior BPO vendor had put up with human agents alone. The company added 17 new trophy logo clients across the year, and its top five clients now make up 33% of revenue, down from 36%, a sign the business is not leaning on a shrinking handful of accounts to carry it.
Not every line moved in the right direction. Fourth quarter GAAP net income slipped to $8.7 million from $9.6 million a year earlier, and diluted EPS fell to $0.59 from $0.66. Management pointed to training costs tied to all those new client wins, a temporary hit from shifting work out of nearshore centers into offshore ones, and higher fuel prices hitting utility and transportation costs, particularly offshore. Adjusted EBITDA margin for the quarter slipped to 12.3% from 13.9%, the same set of pressures showing up in the profitability line rather than just net income.
#revenue #fourth
1 month ago
DUBAI, Sept 14 (Reuters) - Abu Dhabi's Etihad Airways said on Monday that its passenger-carrying capacity is running above year-earlier levels as Gulf carriers rebound from disruption caused by the Iran war, with strong demand expected heading into the winter travel season, its chief executive told Reuters.
"We are back on track," CEO Antonoaldo Neves said in an interview, noting that current Available Seat Kilometres - the industry's standard measure of passenger-carrying capacity - was currently 15 to 17% higher than a year ago.
"Flights are full, full, full," he said, adding that load factor, which measures how well an airline is filling available seats, was at 92% in August while the airline is targeting an 87% plus load factor for the remainder of the year.
The Iran war affected travel earlier this year, pushing fuel prices higher and disrupting flights in the Middle East and beyond. Middle Eastern carriers, some of the world's biggest, have seen their networks upended by the conflict, but have gradually resumed their activity.
(Reporting by Federico Maccioni, Editing by Louise Heavens)
#reuters #middle
"We are back on track," CEO Antonoaldo Neves said in an interview, noting that current Available Seat Kilometres - the industry's standard measure of passenger-carrying capacity - was currently 15 to 17% higher than a year ago.
"Flights are full, full, full," he said, adding that load factor, which measures how well an airline is filling available seats, was at 92% in August while the airline is targeting an 87% plus load factor for the remainder of the year.
The Iran war affected travel earlier this year, pushing fuel prices higher and disrupting flights in the Middle East and beyond. Middle Eastern carriers, some of the world's biggest, have seen their networks upended by the conflict, but have gradually resumed their activity.
(Reporting by Federico Maccioni, Editing by Louise Heavens)
#reuters #middle
1 month ago
All eyes are on the Fed with another higher than expected reading for core inflation. Jeff Klingelhofer, CFA, Managing Director, Portfolio Manager & Senior Research **** yst, Securitized **** ets at Aristotle Pacific, talks with host Brad Roth on this episode of Behind the Ticker about why the new Fed Chair stepping into an environment of high inflation matters for investors and bonds, and what that means for how the firm is positioning their strategies that include three new ETFs, the Aristotle Core Plus Income ETF (ARCP), the Aristotle Multi-Sector Income ETF (ARMS), and the Aristotle Short Term Income ETF (SDUR).
You can also watch this conversation here or on our YouTube, as well as find it on any of your preferred podcast streaming platforms.
A non-traditional path to fixed income: Jeff Klingelhofer started at PIMCO, moved through Tokyo and London, then took an unexpected detour into a five-person hedge fund during his Chicago MBA. That experience shaped his career trajectory, from building Thornburg's taxable fixed income desk from scratch to joining Aristotle Pacific in 2024.
The relative value philosophy: Instead of chasing yield by taking more risk within a single **** et class, Klingelhofer compares opportunities across all of fixed income, including corporates, ABS, CLOs, bank loans, and more. His go-to example: in 2020, an American Airlines corporate bond and its aircraft-backed EETC priced identically, but a month later one traded at 27 cents on the dollar while the other held at 65 cent, proof that siloed desks miss cross-market mispricing.
Three ETFs, one philosophy: Aristotle Pacific's new suite of SDUR (short-term income), ARCP (core plus), and ARMS (multi-sector income) applies this relative value lens across the risk spectrum, each targeting a different level of duration and credit exposure. All three aim to outperform passive benchmarks through active security selection rather than added risk.
#jeff #etfs
You can also watch this conversation here or on our YouTube, as well as find it on any of your preferred podcast streaming platforms.
A non-traditional path to fixed income: Jeff Klingelhofer started at PIMCO, moved through Tokyo and London, then took an unexpected detour into a five-person hedge fund during his Chicago MBA. That experience shaped his career trajectory, from building Thornburg's taxable fixed income desk from scratch to joining Aristotle Pacific in 2024.
The relative value philosophy: Instead of chasing yield by taking more risk within a single **** et class, Klingelhofer compares opportunities across all of fixed income, including corporates, ABS, CLOs, bank loans, and more. His go-to example: in 2020, an American Airlines corporate bond and its aircraft-backed EETC priced identically, but a month later one traded at 27 cents on the dollar while the other held at 65 cent, proof that siloed desks miss cross-market mispricing.
Three ETFs, one philosophy: Aristotle Pacific's new suite of SDUR (short-term income), ARCP (core plus), and ARMS (multi-sector income) applies this relative value lens across the risk spectrum, each targeting a different level of duration and credit exposure. All three aim to outperform passive benchmarks through active security selection rather than added risk.
#jeff #etfs
1 month ago
United Airlines CEO Scott Kirby doesn't have time for endless meetings.
Instead, he sleeps eight and a half hours a day and reads roughly 2 books a week.
Does his advice change how you would structure your day?
Don't think that United Airlines CEO Scott Kirby is going to sit through your slide deck.
"If you want to send a deck, send it to me in advance, and then we're just going to talk about it, but you're not going to read slides to me," Kirby told Semafor's "CEO Signal" podcast.
#airlines #scott #deck #don 't
Instead, he sleeps eight and a half hours a day and reads roughly 2 books a week.
Does his advice change how you would structure your day?
Don't think that United Airlines CEO Scott Kirby is going to sit through your slide deck.
"If you want to send a deck, send it to me in advance, and then we're just going to talk about it, but you're not going to read slides to me," Kirby told Semafor's "CEO Signal" podcast.
#airlines #scott #deck #don 't
1 month ago
Rep. Brandon Gill, R-Texas, generated another viral moment on Wednesday during his speech at the Republican midterm convention — and he says he's not sorry.
Gill opened his remarks with a land acknowledgment, a growing trend among Democratic politicians to begin speeches by noting the Native American tribes who historically lived on the land their events are on.
"I'd like to acknowledge that we stand here today in the great state of Texas and the United States of America is the ancestral homeland of great American patriots, pioneers and explorers who put down roots, fight for freedom all over the globe and bled and died to build the greatest civilization ever known to man," Gill said, the Republican crowd roaring in response.
Gop's Freshman Firebrand Goes Viral Targeting 'Utterly Intellectually Indefensible' Dei Policies
U.S. Rep. Brandon Gill speaks on stage on the first day of the 2026 Republican National Convention at the American Airlines Center on September 9, 2026, in Dallas, Texas.
#republican #convention #great
Gill opened his remarks with a land acknowledgment, a growing trend among Democratic politicians to begin speeches by noting the Native American tribes who historically lived on the land their events are on.
"I'd like to acknowledge that we stand here today in the great state of Texas and the United States of America is the ancestral homeland of great American patriots, pioneers and explorers who put down roots, fight for freedom all over the globe and bled and died to build the greatest civilization ever known to man," Gill said, the Republican crowd roaring in response.
Gop's Freshman Firebrand Goes Viral Targeting 'Utterly Intellectually Indefensible' Dei Policies
U.S. Rep. Brandon Gill speaks on stage on the first day of the 2026 Republican National Convention at the American Airlines Center on September 9, 2026, in Dallas, Texas.
#republican #convention #great
1 month ago
NEW YORK (AP) — Cody Bellinger hit a three-run homer in the second inning off rookie Nolan McLean, and the New York Yankees beat the New York Mets 6-4 on Friday night.
Ben Rice also homered as the Yankees won for the 17th time in 24 games and moved a season-high 23 games over .500 on a night the team remembered the 25th anniversary of the Sept. 11 attacks.
Rookie Spencer Jones added an RBI single in the first inning and Ryan McMahon hit an RBI single in the eighth as the Yankees remained three games behind Tampa Bay in the AL East and moved 5 1/2 ahead of Boston for the first American League wild card.
Carlos Rodón (6-3) allowed two runs and three hits in a season-high 6 1/3 innings. The left-hander notched two of his eight strikeouts on slugger Juan Soto, who heard boos from Yankee fans before each at-bat.
Bellinger homered after catching the ceremonial first pitch from Brielle Saracini, whose father Victor Saracini was the pilot on United Airlines Flight 175, which was flown into the South Tower of the World Trade Center.
#yankees
Ben Rice also homered as the Yankees won for the 17th time in 24 games and moved a season-high 23 games over .500 on a night the team remembered the 25th anniversary of the Sept. 11 attacks.
Rookie Spencer Jones added an RBI single in the first inning and Ryan McMahon hit an RBI single in the eighth as the Yankees remained three games behind Tampa Bay in the AL East and moved 5 1/2 ahead of Boston for the first American League wild card.
Carlos Rodón (6-3) allowed two runs and three hits in a season-high 6 1/3 innings. The left-hander notched two of his eight strikeouts on slugger Juan Soto, who heard boos from Yankee fans before each at-bat.
Bellinger homered after catching the ceremonial first pitch from Brielle Saracini, whose father Victor Saracini was the pilot on United Airlines Flight 175, which was flown into the South Tower of the World Trade Center.
#yankees
1 month ago
NEW YORK (AP) — Cody Bellinger hit a three-run homer in the second inning off rookie Nolan McLean, and the New York Yankees beat the New York Mets 6-4 on Friday night.
Ben Rice also homered as the Yankees (85-62) won for the 17th time in 24 games and moved a season-high 23 games over .500 on a night the team remembered the 25th anniversary of the Sept. 11 attacks.
Rookie Spencer Jones added an RBI single in the first inning and Ryan McMahon hit an RBI single in the eighth as the Yankees remained three games behind Tampa Bay in the AL East and moved 5 1/2 ahead of Boston for the first American League wild card.
Carlos Rodón (6-3) allowed two runs and three hits in a season-high 6 1/3 innings. The left-hander notched two of his eight strikeouts on slugger Juan Soto, who heard boos from Yankee fans before each at-bat.
Bellinger homered after catching the ceremonial first pitch from Brielle Saracini, whose father Victor Saracini was the pilot on United Airlines Flight 175, which was flown into the South Tower of the World Trade Center.
#first #saracini
Ben Rice also homered as the Yankees (85-62) won for the 17th time in 24 games and moved a season-high 23 games over .500 on a night the team remembered the 25th anniversary of the Sept. 11 attacks.
Rookie Spencer Jones added an RBI single in the first inning and Ryan McMahon hit an RBI single in the eighth as the Yankees remained three games behind Tampa Bay in the AL East and moved 5 1/2 ahead of Boston for the first American League wild card.
Carlos Rodón (6-3) allowed two runs and three hits in a season-high 6 1/3 innings. The left-hander notched two of his eight strikeouts on slugger Juan Soto, who heard boos from Yankee fans before each at-bat.
Bellinger homered after catching the ceremonial first pitch from Brielle Saracini, whose father Victor Saracini was the pilot on United Airlines Flight 175, which was flown into the South Tower of the World Trade Center.
#first #saracini
1 month ago
GANDER, Newfoundland (AP) — Standing in the town that sheltered thousands of stranded Americans after the Sept. 11 attacks, former Canadian Prime Minister Jean Chrétien marked the 25th anniversary Friday with a pointed message for the United States: "Never mistake our generosity for weakness."
The 92-year-old former leader, who was prime minister at the time of the attacks, drew a standing ovation after telling his "American friends" that Canadians may be tolerant and kind but "we bow to no one." U.S. Ambassador to Canada Pete Hoekstra rose afterward and hugged him.
"I say that not in anger, but as one friend to another," Chrétien said. "Friends need to be honest with each other."
The unusually blunt remarks came during a solemn ceremony honoring the nearly 3,000 people killed in New York, at the Pentagon and aboard Flight 93, and remembering Gander's extraordinary response to the attacks.
Gander, Newfoundland opened its arms to nearly 6,600 airline passengers diverted there when the U.S. government shut down airspace during 9/11.
#attacks #former #tien #nearly
The 92-year-old former leader, who was prime minister at the time of the attacks, drew a standing ovation after telling his "American friends" that Canadians may be tolerant and kind but "we bow to no one." U.S. Ambassador to Canada Pete Hoekstra rose afterward and hugged him.
"I say that not in anger, but as one friend to another," Chrétien said. "Friends need to be honest with each other."
The unusually blunt remarks came during a solemn ceremony honoring the nearly 3,000 people killed in New York, at the Pentagon and aboard Flight 93, and remembering Gander's extraordinary response to the attacks.
Gander, Newfoundland opened its arms to nearly 6,600 airline passengers diverted there when the U.S. government shut down airspace during 9/11.
#attacks #former #tien #nearly
1 month ago
Mark Wahlberg is reflecting on one of the most haunting "what ifs" of his on the 25th anniversary of 9/11. The actor was almost one of the people aboard the plane that crashed into the World Trade Center's North Tower.
Mark was almost aboard the Flight 11 (@ Getty)
The Father Stu star was originally booked on American Airlines Flight 11, which was headed to Los Angeles, but ultimately hijacked on September 11, 2001. Wahlberg had changed his plans and traveled to Toronto instead, narrowly avoiding a flight that killed all 92 people aboard.
On Friday, he shared an Instagram video of an American flag blowing in the wind, writing in the caption, "This anniversary is always a gut punch of emotions…words just can't say it all."
That near miss has followed Wahlberg for years, particularly after comments he made in a 2012 Men's Journal interview sparked backlash. When he was asked what might have happened if he had been on the plane with his children, Wahlberg said, "There would have been a lot of blood in that first-class cabin" and suggested he would have been able to help land the plane safely.
#flight #aboard #mark #anniversary
Mark was almost aboard the Flight 11 (@ Getty)
The Father Stu star was originally booked on American Airlines Flight 11, which was headed to Los Angeles, but ultimately hijacked on September 11, 2001. Wahlberg had changed his plans and traveled to Toronto instead, narrowly avoiding a flight that killed all 92 people aboard.
On Friday, he shared an Instagram video of an American flag blowing in the wind, writing in the caption, "This anniversary is always a gut punch of emotions…words just can't say it all."
That near miss has followed Wahlberg for years, particularly after comments he made in a 2012 Men's Journal interview sparked backlash. When he was asked what might have happened if he had been on the plane with his children, Wahlberg said, "There would have been a lot of blood in that first-class cabin" and suggested he would have been able to help land the plane safely.
#flight #aboard #mark #anniversary
1 month ago
A twist of fate saved Mark Wahlberg's life on September 11, 2001.
Wahlberg, 55, had been booked on American Airlines Flight 11, the plane that was hijacked and crashed into the North Tower of the World Trade Center, but changed his travel plans before that morning, according to a Daily Mail report published Friday, September 11. Instead of making the trip from Boston to Los Angeles, the By Any Means actor traveled to Toronto after a friend invited him to see his film at the Toronto International Film Festival.
All 92 people aboard Flight 11 were killed after five hijackers took control of the plane and crashed it into the North Tower at 8:46 a.m.
On the 25th anniversary of the attacks, Wahlberg acknowledged the emotions that still surround the day.
"This anniversary is always a gut punch of emotions…words just can't say it all. #neverforget911🇺🇸🗽 #freedomisntfree🇺🇸 ," he wrote on Instagram alongside a video of an American flag.
#north #tower #toronto #crashed
Wahlberg, 55, had been booked on American Airlines Flight 11, the plane that was hijacked and crashed into the North Tower of the World Trade Center, but changed his travel plans before that morning, according to a Daily Mail report published Friday, September 11. Instead of making the trip from Boston to Los Angeles, the By Any Means actor traveled to Toronto after a friend invited him to see his film at the Toronto International Film Festival.
All 92 people aboard Flight 11 were killed after five hijackers took control of the plane and crashed it into the North Tower at 8:46 a.m.
On the 25th anniversary of the attacks, Wahlberg acknowledged the emotions that still surround the day.
"This anniversary is always a gut punch of emotions…words just can't say it all. #neverforget911🇺🇸🗽 #freedomisntfree🇺🇸 ," he wrote on Instagram alongside a video of an American flag.
#north #tower #toronto #crashed
1 month ago
This weekend marks a solemn anniversary in our nation's history. 25 years ago on September 11, 2001, the United States was attacked by terrorists that hijacked commercial airlines and flew them into both towers of the World Trade Center and the Pentagon. On Saturday, both the Texas Longhorns and Ohio State Buckeyes will honor that tragedy on their helmets.
It has been called this generation's Pearl Harbor. 9/11 is a day that everyone remembers exactly what they were doing when they found out America had been attacked. 2,977 died as a result of the terrorist attacks. The horrific memories are vivid even now. Every year, there are remembrances on the anniversary. But this year is different. 25 years is a grim milestone of morning that changed the world forever.
Remembering those we lost, and those who answered the call#NeverForget pic.twitter.com/8QXhqaPFwB
Texas and Ohio State will wear commemorative decals on their helmets to honor the victims and first responders that America lost on that day. 441 emergency workers died on 9/11, making it the largest loss of first responders in a single day in U.S. history.
We will never forget those whose lives were lost on September 11th, 2001.
Tomorrow, we’ll wear these decals in remembrance and honor of their memory. 🇺🇸 pic.twitter.com/FuPSLpqN14
#texas #ohio #state
It has been called this generation's Pearl Harbor. 9/11 is a day that everyone remembers exactly what they were doing when they found out America had been attacked. 2,977 died as a result of the terrorist attacks. The horrific memories are vivid even now. Every year, there are remembrances on the anniversary. But this year is different. 25 years is a grim milestone of morning that changed the world forever.
Remembering those we lost, and those who answered the call#NeverForget pic.twitter.com/8QXhqaPFwB
Texas and Ohio State will wear commemorative decals on their helmets to honor the victims and first responders that America lost on that day. 441 emergency workers died on 9/11, making it the largest loss of first responders in a single day in U.S. history.
We will never forget those whose lives were lost on September 11th, 2001.
Tomorrow, we’ll wear these decals in remembrance and honor of their memory. 🇺🇸 pic.twitter.com/FuPSLpqN14
#texas #ohio #state
1 month ago
The Williams F1 team's special livery for the Spanish GP weekend has raised some eyebrows on social media, considering the colours it is running that had links with the Bin Laden family.
Williams showed its special livery for the F1 Spanish GP at Madring, going back in time to use the colours that they ran aboard the FW07, which was driven in various versions between the 1979 and 1982 F1 seasons. They modelled the colour used in the 1981 Spanish GP – the FW07C.
They raced at the Jarama circuit, with the car driven by Alan Jones and Carlos Reutemann. The colour was linked to sponsorship from Saudi Arabia's Saudia Airlines and Albilad. Having started its journey in 1977 in Formula 1, Williams got sponsorship from the Middle East first in the 1978 F1 season.
The team ran as Albilad-Saudia Racing Team in 1979, which continued through to 1981. In the 1980 and 1981 seasons, they had one car with the Albilad Williams Racing Team name, while the second car ran under a different sponsor. The Albilad sponsorship continued until 1983, even though it didn't appear in the name.
The Saudia sponsorship lasted until 1984, after which Williams got the famous Canon sponsorship. The contentious name of 'Bin Laden' that fans are vocal about on social media pertains only to the 1979 F1 season, the first time the British outfit got backing from Saudi Arabia.
#williams #albilad #laden
Williams showed its special livery for the F1 Spanish GP at Madring, going back in time to use the colours that they ran aboard the FW07, which was driven in various versions between the 1979 and 1982 F1 seasons. They modelled the colour used in the 1981 Spanish GP – the FW07C.
They raced at the Jarama circuit, with the car driven by Alan Jones and Carlos Reutemann. The colour was linked to sponsorship from Saudi Arabia's Saudia Airlines and Albilad. Having started its journey in 1977 in Formula 1, Williams got sponsorship from the Middle East first in the 1978 F1 season.
The team ran as Albilad-Saudia Racing Team in 1979, which continued through to 1981. In the 1980 and 1981 seasons, they had one car with the Albilad Williams Racing Team name, while the second car ran under a different sponsor. The Albilad sponsorship continued until 1983, even though it didn't appear in the name.
The Saudia sponsorship lasted until 1984, after which Williams got the famous Canon sponsorship. The contentious name of 'Bin Laden' that fans are vocal about on social media pertains only to the 1979 F1 season, the first time the British outfit got backing from Saudi Arabia.
#williams #albilad #laden
1 month ago
During a September 8 episode of Mad Money, Jim Cramer examined the broader aerospace ecosystem following GE Aerospace's (NYSE:GE) nearly $12 billion agreement to acquire castings specialist Consolidated Precision Products (CPP). Commenting on the strategic importance of supply chain control and the enduring strength of commercial and defense aviation despite rising oil prices, Cramer stated:
I still believe in the data center, but I also want to open your eyes to other opportunities. This morning, for example, GE Aerospace spent nearly $12 billion to buy a castings company called Consolidated Precision Products to integrate this key segment into its supply chain. It's vital for both commercial aircraft and particularly defense, both of which are booming. Now, on a day where oil's up, you might not want to focus on anything airline related, but travel's been booming the whole time, the whole time the Iranian war's been going on. This acquisition will pay off quickly for GE, making it more likely that they can accelerate production. This is also good news, therefore, for Boeing, a huge customer of GE that needs to boost its production speed.
GE is relatively close to its highs, deservedly so. Boeing? Nowhere near its high. Yet the order book is full. Last week, there was this negative article about how Boeing is being hurt by the problem-filled Spirit AeroSystems acquisition. It made that one two years ago. But that actually had to be done because Boeing, like GE Aerospace, needs to get better control of its supply chain. Aha, you say, who needs that kind of problem? Boeing just reported its slowest deliveries in 4 months. I come back and say, wait a second. First, the problems from the Spirit deal are now behind them. You know what? The story is actually old news.
Plus, CEO Kelly Ortberg has made it clear that orders would be lumpy. I knew that. And look, I know the high price of oil, particularly jet fuel, is bad news for the airlines. But the higher price of fuel also makes these new engines and airplanes far more valuable than before. Why? They're way more energy efficient. It's a good situation that has nothing to do with the data center. It does require more, better tech that AI can help with.
GE Aerospace (NYSE:GE) and The Boeing Company (NYSE:BA) represent two distinct pillars of the aerospace manufacturing ecosystem, operating at massive commercial scale. GE Aerospace reported second-quarter revenue of $13.3 billion, up 21% year-over-year, driven by strong commercial engine services and record internal shop visit output. Its total order backlog extends past $210 billion, supported by sustained airline demand for propulsion systems and aftermarket maintenance.
#boeing #chain #consolidated
I still believe in the data center, but I also want to open your eyes to other opportunities. This morning, for example, GE Aerospace spent nearly $12 billion to buy a castings company called Consolidated Precision Products to integrate this key segment into its supply chain. It's vital for both commercial aircraft and particularly defense, both of which are booming. Now, on a day where oil's up, you might not want to focus on anything airline related, but travel's been booming the whole time, the whole time the Iranian war's been going on. This acquisition will pay off quickly for GE, making it more likely that they can accelerate production. This is also good news, therefore, for Boeing, a huge customer of GE that needs to boost its production speed.
GE is relatively close to its highs, deservedly so. Boeing? Nowhere near its high. Yet the order book is full. Last week, there was this negative article about how Boeing is being hurt by the problem-filled Spirit AeroSystems acquisition. It made that one two years ago. But that actually had to be done because Boeing, like GE Aerospace, needs to get better control of its supply chain. Aha, you say, who needs that kind of problem? Boeing just reported its slowest deliveries in 4 months. I come back and say, wait a second. First, the problems from the Spirit deal are now behind them. You know what? The story is actually old news.
Plus, CEO Kelly Ortberg has made it clear that orders would be lumpy. I knew that. And look, I know the high price of oil, particularly jet fuel, is bad news for the airlines. But the higher price of fuel also makes these new engines and airplanes far more valuable than before. Why? They're way more energy efficient. It's a good situation that has nothing to do with the data center. It does require more, better tech that AI can help with.
GE Aerospace (NYSE:GE) and The Boeing Company (NYSE:BA) represent two distinct pillars of the aerospace manufacturing ecosystem, operating at massive commercial scale. GE Aerospace reported second-quarter revenue of $13.3 billion, up 21% year-over-year, driven by strong commercial engine services and record internal shop visit output. Its total order backlog extends past $210 billion, supported by sustained airline demand for propulsion systems and aftermarket maintenance.
#boeing #chain #consolidated
1 month ago
By Lucia Mutikani
WASHINGTON, Sept 10 (Reuters) - U.S. producer prices increased in August amid higher costs of goods, airline fares and hospital services, boosting the chances of an interest rate hike from the Federal Reserve next week.
The report from the Labor Department on Thursday followed news last week of a sharp acceleration in job growth in August. Airline fares and hospital services are among the components that go into the calculation of the Personal Consumption Expenditures Price Indexes, the inflation measures tracked by the U.S. central bank for its 2% inflation target.
August's Consumer Price Index data on Friday could shed more light on the inflation picture and further shape interest rate expectations for next week.
"This report points to cost increases in the pipeline and will support the case of those on the Committee who want to hike rates now," said Carl Weinberg, chief economist at High Frequency Economics.
#inflation #august #airline #interest
WASHINGTON, Sept 10 (Reuters) - U.S. producer prices increased in August amid higher costs of goods, airline fares and hospital services, boosting the chances of an interest rate hike from the Federal Reserve next week.
The report from the Labor Department on Thursday followed news last week of a sharp acceleration in job growth in August. Airline fares and hospital services are among the components that go into the calculation of the Personal Consumption Expenditures Price Indexes, the inflation measures tracked by the U.S. central bank for its 2% inflation target.
August's Consumer Price Index data on Friday could shed more light on the inflation picture and further shape interest rate expectations for next week.
"This report points to cost increases in the pipeline and will support the case of those on the Committee who want to hike rates now," said Carl Weinberg, chief economist at High Frequency Economics.
#inflation #august #airline #interest
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1 month ago
Jeff Klingelhofer, CFA, Managing Director, Portfolio Manager & Senior Research **** yst, Securitized **** ets at Aristotle Pacific didn't set out to be a bond guy but a launchpad at PIMCO, stops in Tokyo and London, and a Chicago MBA detour into a scrappy five-person hedge fund rewired how he thinks about fixed income. The internship stuck, with Klingelhofer building out Thornburg's taxable fixed income desk from employee #3 to Head of Investments, before joining Aristotle Pacific in 2024. The firm is a 15-year-old franchise (formerly Pacific **** et Management) now running roughly $16 billion and, as of July 30, three brand-new ETFs: the Aristotle Core Plus Income ETF (ARCP), the Aristotle Multi-Sector Income ETF (ARMS), and the Aristotle Short Term Income ETF (SDUR).
The pitch isn't about taking on more risk to boost returns but about capturing returns with minimal risk, and that means shopping across every fixed income silo instead of hunting inside one. Klingelhofer gives the example of February 2020, when American Airlines' corporate bond and its aircraft-backed EETC both priced at 3.75% with the same issuer, same tenor, same yield. A month later, COVID hit and the corporate bond cratered to 27 cents on the dollar while the EETC held at 65 cents. Same company, wildly different outcomes because Wall Street desks looked at each instrument in isolation instead of comparing across the capital stack. That's the whole Aristotle Pacific thesis, and it's why he sees the same mispricing setting up today in data center financing.
The three funds slot into that framework by risk level, with SDUR as a low-duration, active-credit alternative to cash, ARCP as a core-bond upgrade aiming to beat the Agg by 100-150bps, and ARMS as the full relative-value expression targeting 250bps over a cycle with real flexibility to shift credit quality. Macro-wise, Klingelhofer thinks the market is underestimating new Fed Chair Warsh, who, unlike his predecessor, inherits a purely high-inflation world with no disinflationary tailwind. It means the firm is positioning the funds slightly long duration as a hedge against credit risk elsewhere in the book. His closing advice to advisors was a cautionary and practical one, that they shouldn't expect Aristotle to work in every environment (no fund does), and to pair its bottom-up process with top-down managers like PIMCO so the two zig and zag differently throughout market cycles.
To learn more about Aristotle Pacific, go here, or you can learn more about their new ETFs here.
#pacific #same #fixed
The pitch isn't about taking on more risk to boost returns but about capturing returns with minimal risk, and that means shopping across every fixed income silo instead of hunting inside one. Klingelhofer gives the example of February 2020, when American Airlines' corporate bond and its aircraft-backed EETC both priced at 3.75% with the same issuer, same tenor, same yield. A month later, COVID hit and the corporate bond cratered to 27 cents on the dollar while the EETC held at 65 cents. Same company, wildly different outcomes because Wall Street desks looked at each instrument in isolation instead of comparing across the capital stack. That's the whole Aristotle Pacific thesis, and it's why he sees the same mispricing setting up today in data center financing.
The three funds slot into that framework by risk level, with SDUR as a low-duration, active-credit alternative to cash, ARCP as a core-bond upgrade aiming to beat the Agg by 100-150bps, and ARMS as the full relative-value expression targeting 250bps over a cycle with real flexibility to shift credit quality. Macro-wise, Klingelhofer thinks the market is underestimating new Fed Chair Warsh, who, unlike his predecessor, inherits a purely high-inflation world with no disinflationary tailwind. It means the firm is positioning the funds slightly long duration as a hedge against credit risk elsewhere in the book. His closing advice to advisors was a cautionary and practical one, that they shouldn't expect Aristotle to work in every environment (no fund does), and to pair its bottom-up process with top-down managers like PIMCO so the two zig and zag differently throughout market cycles.
To learn more about Aristotle Pacific, go here, or you can learn more about their new ETFs here.
#pacific #same #fixed
