Group 1 - Frontier Airlines has selected Pratt & Whitney GTF™ engines to power 91 Airbus A321neo aircraft, increasing its total commitment to 235 GTF-powered aircraft [1][2] - The first of the new aircraft is scheduled for delivery in Q4 2026, and Pratt & Whitney will provide long-term engine maintenance through an EngineWise® Comprehensive service agreement [1][3] - Frontier Airlines operates the largest and youngest A320neo family fleet in the U.S., emphasizing its commitment to fuel efficiency and environmental sustainability [2][4] Group 2 - The GTF Advantage engine, which offers higher take-off thrust, better fuel efficiency, and longer time on wing, will be the production standard for Frontier Airlines' A321neo aircraft deliveries in the coming years [3] - Frontier Airlines aims to enhance its customer-centric brand transformation while maintaining affordable prices and exceptional travel experiences [3][4] - Pratt & Whitney has a long history in aircraft engine design and service, supporting over 90,000 in-service engines globally [5] Group 3 - RTX, the parent company of Pratt & Whitney, is the world's largest aerospace and defense company, with over 185,000 employees and 2024 sales exceeding $80 billion [6] - RTX focuses on advancing aviation and integrated defense systems, addressing critical challenges for global customers [6]

Investment Rating - The report does not explicitly provide an investment rating for the transportation sector or specific companies within it Core Insights - The Brent oil price has increased by 12% to $74/bbl due to geopolitical tensions, with a forecasted decline to $59 in Q4 2025 and $56 in 2026, assuming no disruptions in oil supply [1][7] - A potential drop in Iranian oil supply by 1.75mb/d could lead to Brent prices peaking over $90/bbl before declining back to the $60s as supply recovers [1][8] - The transportation sector, particularly tankers and airlines, may experience significant impacts from fluctuating oil prices and geopolitical risks [1][2] Tankers - Iranian oil constitutes 3% of global oil production; a reduction in this supply could shift 0.8-1.5% of global ocean tanker demand from shadow fleets to compliant fleets, potentially benefiting companies like COSCO Shipping Energy [1][21] - The report anticipates an upside in shipping rates and share prices for compliant tanker fleets due to the expected shift in demand [1] Airlines - Airlines are highly sensitive to oil price changes, with China Southern Airlines showing a 22% earnings downside per 1% increase in oil price, followed by China Eastern Airlines and Air China at 17% and 10% respectively [5][17] - Despite short-term pressures on earnings due to rising fuel costs, long-term demand for air travel is expected to remain stable, provided there are no widespread concerns over aircraft safety [5][17] - The report maintains a bearish medium-term outlook on Brent oil prices, forecasting $66 in 2025 and $56 in 2026, which could alleviate some pressure on airline earnings in the longer term [5][7]

Core Points - Boeing's CEO Kelly Ortberg's first Paris Air Show was expected to be positive, highlighting the company's recovery from past manufacturing and safety issues [2] - Under Ortberg's leadership, Boeing has increased production of the 737 Max jets and improved cash-generating deliveries, with shares rising over 13% this year, outperforming the S&P 500 [2] - Following a tragic crash of a Boeing 787-8 Dreamliner operated by Air India, which resulted in the loss of 241 lives, Ortberg canceled his attendance at the air show to focus on the investigation and support his team [3][5][6] Company Developments - The Paris Air Show is a significant event for the aerospace industry, featuring major companies like Boeing and Airbus showcasing their latest aircraft and signing deals [4] - The crash of Air India Flight 171, which occurred shortly after takeoff, raises concerns about the safety of Boeing's Dreamliner model, with investigations expected to take weeks or months to determine the cause [6][7]

Key Takeaways Cooling inflation and rising consumer spending are lifting confidence in the U.S. economy. Brokers are favoring stocks like BTSG, ALGT, CVI, ALTG and CBRL amid this brightening scenario. A screening strategy using broker ratings, earnings estimate revisions, and valuation picked these stocks.Inflation is showing signs of cooling, while consumer spending is increasing. U.S. consumer prices increased less than expected in May as cheaper gasoline partially offset higher rents. This was the four ...

>> ISRAEL LAUNCHED A TARGETED MILITARY OPERATION TO ROLL BACK THE IRANIAN THREAT TO ISRAEL'S VERY SURVIVAL. THIS OPERATION WILL CONTINUE FOR AS MANY DAYS AS IT TAKES TO REMOVE THIS THREAT. >> IT IS 5:00 A.M. IN NEW YORK CITY. I AM DANI BURGER WITH YOUR BLOOMBERG BRIEF.ISRAEL LAUNCHES AIRSTRIKES ACROSS IRAN TARGETING NUCLEAR SITES AND KILLING SENIOR MILITARY COMMANDERS. IRAN VOWS REPRISAL AND HITS BACK WITH DRONES. OIL JUMPS ON THE GEOPOLITICAL ANGST WITH ITS BIGGEST INTRADAY SPIKE SINCE MARCH OF 2022.STATE ...

What are we learning then, about the possible causes of this devastating crash. Well, still, it is too early to know for now. Tom, good morning.So I think the key developments really are around the finding of one of the two black boxes. We don't know if it's the flight data recorder or the cockpit voice recorder, and we don't know as well what condition it is in. In order for investigators to start downloading the data and getting a final readout in the minutes before this crash, this tragic crash.But as in ...

Accident Overview - An Air India aircraft crashed shortly after takeoff in Amdabad, India, en route to London [1] - The aircraft, a Boeing 787 Dreamliner, was carrying 242 people; only one survivor was reported [5] Possible Causes - Aviation experts suggest potential engine issues, possibly a blockage in fuel valves, leading to a lack of thrust [3] - The rapid descent of the aircraft indicates a complete loss of thrust in the engines [3] - The Federation of All India Medical Associations suggests it's unlikely to be human error due to an SOS message [4] Analysis of the Crash - The aircraft likely passed the "go no-go" point, suggesting initial conditions were deemed safe for takeoff [2] - Unlike the Hudson River landing, the aircraft lacked the altitude and speed necessary for gliding after the engine failure [5] - Experts believe that even the best pilot could not have prevented the crash, given the circumstances [6] Impact - The plane crashed into a medical hostel, resulting in dozens of students being hospitalized [4]

Company Overview - Air India was operating a Boeing 787-8 Dreamliner, which is a popular twin-aisle jet used for longer routes, with its first flight in December 2013 and handed over to Air India in January 2014 [2] - As of the incident, Air India had 34 Dreamliners in service and planned to order at least 20 more [3] Incident Details - The crash occurred seconds after takeoff from Ahmedabad, India, with 242 people on board, resulting in all but one person being killed [1] - Preliminary data indicated that the aircraft lost signal less than a minute after takeoff, reaching a maximum altitude of 625 feet [4] - The aircraft crashed into a residential area, and there were reports of additional fatalities on the ground [5] Investigation Insights - Investigators will examine the black boxes, maintenance records, pilots' maneuvers, and weather conditions to determine the cause of the crash [6][7] - The investigation will be led by the country where the incident occurred, with participation from Boeing and GE Aerospace [8] Manufacturing Concerns - There have been previous manufacturing and quality concerns regarding Dreamliners, but experts do not immediately link these issues to the recent crash [9][10] - Boeing faced allegations of taking shortcuts in production, but the company denied these claims [11] Impact on Boeing - The impact on Boeing will depend on the outcome of the crash investigation, although demand for new planes remains robust [14] - Wolfe Research noted that they do not foresee significant direct impacts on Boeing's financial performance, but the incident may affect momentum until clarity is achieved [14][15] - Boeing has 900 more Dreamliner orders, indicating continued demand despite the incident [15]

Accident Overview - A Boeing 787 Dreamliner, Air India flight, crashed shortly after takeoff en route to London, resulting in over 200 fatalities [1] - The crash investigation is in its early stages, with search and rescue efforts underway [2] - Investigators from the U S and other countries are planning to assist Indian authorities in the investigation [3] Boeing's Involvement - Boeing's CEO has communicated with Air India's chair, offering support for the investigation [6] - Boeing's team stands ready to support the investigation [4][6] - The NTSB will be involved in the investigation, supported by counterparts from countries where the aircraft and engines were manufactured [5] 787 Aircraft History - The 787 has had a sterling track record, with this being the first fatal accident involving the model [7] - Over 1,000 787s are currently in service, serving as a workhorse for global airline fleets [8] - The 787 has faced scrutiny for quality concerns from the FAA in recent years, leading to a temporary halt in deliveries [9] Implications for Boeing - This incident does not help Boeing's efforts to improve quality, resume deliveries, and improve cash flow [11] - The company is trying to move beyond a difficult chapter [11]

American Airlines Boeing 787 Dreamliner aircraft seen parked in Athens International Airport ATH ... More after arrival preparing for a turn around departure to Chicago ORD airport in the USA as flight no AA161. The Boeing 787-8 modern and advanced wide-body airplane has the tail number registration N812AA and is powered by 2x GE General Electric jet engines. (Photo by Nicolas Economou/NurPhoto via Getty Images)NurPhoto via Getty Images American Airlines (NASDAQ:AAL) shares are currently priced around $11.1 ...