Southwest, United, and Other Airline Stocks Fall. A New Fear Is Emerging.

Airline stocks falling due to warnings of higher fuel costs
Southwest, United, and other major carriers issued warnings
Fuel is airlines' biggest expense, so higher costs hurt profits
Carriers expected fuel costs to be lower in 2023
Analysts concerned higher fuel costs could hamper airlines' recovery

barrons.com

Relevant topic timeline:

8/24/2023

Boeing Stock Drops. 737 Deliveries Are at Risk After Issue at Spirit AeroSystems.

Boeing stock falls due to quality concerns with supplier Spirit AeroSystems, which could impact deliveries of 737 models.

8/27/2023

I flew United after flying on 2 of the world's best airlines earlier this year and it made me realize how mediocre US carriers are comparatively

United Airlines fell short in terms of customer service, food, and cleanliness compared to 5-star carriers Singapore Airlines and ANA.

9/6/2023

Airlines warn about spike in fuel costs, Southwest narrows revenue outlook

Major U.S. airlines are facing a spike in jet fuel prices, which could impact their costs during the busy summer travel season and raise concerns about the ability to pass on the increase to customers.

9/6/2023

U.S. airlines flag high fuel costs, Southwest's August bookings disappoint

Southwest Airlines warns of softer August bookings and higher fuel costs in the third quarter due to a rise in crude oil prices, while United Airlines and Alaska Air Group also anticipate increased fuel costs.

9/15/2023

Stocks Sink as Tech Drags Market Lower Despite Strong China Data

US stocks fell on Friday, with the S&P 500 down 0.9%, Dow Jones down 0.5%, and Nasdaq down 1.4%, as concerns about giving up the week's gains outweighed China's improved economic performance, a historic strike by the United Auto Workers, and positive signs of resilience in the US consumer and inflation pressures that make a case for more Fed rate hikes.