Fuel prices were steady on Monday morning.
Singapore Airlines is spending $1.6 billion on new cabins.
DHL is expanding in the UAE.
The bigger picture. Airlines were last week's clearest bet on cheaper oil. A quiet barrel after the weekend's attacks keeps that bet intact for now.
We are fairly confident the weekend's attacks did little to oil prices in early trading. We are less sure that the fall in AI power shares is about politics rather than business, but the analysts who follow these companies have not turned negative. On Sunday we expected the weekend to matter more for oil than it has so far.
Prices quoted here are Friday's closing levels unless we say they come from early Monday trading.
What could change this. Against this: a jump in oil would hit airlines faster than any other sector.
So-what: Airlines still benefit from cheaper oil for now.
What to watch. Jet fuel; Gulf airspace; airline guidance.