Friday, November 13, 2026
The Producer Price Index for final demand rose 0.3 per cent in October, seasonally adjusted, and 6.5 per cent from a year earlier, the Bureau of Labor Statistics said on 13 November 2026. Prices of unprocessed goods bought by businesses fell 3.1 per cent. The figures are preliminary and subject to revision for four months.
Ryanair's profit after tax fell 15 per cent to €2.15 billion in the six months to September as the fifth of its fuel it had not hedged roughly doubled in price, the airline said on Monday 2 November. Passengers rose 6 per cent to 125.8 million and average fares fell 4 per cent. It expects its fuel bill to rise by about €2 billion in the year to March 2028 and gave no profit forecast.
American Airlines reported on 22 October that third-quarter revenue rose 19.3 per cent to a record $16.3 billion and that it still earned an operating profit of $115 million despite a $1.9 billion rise in fuel costs. Net interest expense of $435 million turned that into a net loss of $269 million. It now expects an adjusted loss of $1.00 to $1.60 a share for 2026.
Delta Air Lines now expects adjusted earnings of $5.10 to $5.60 a share this year, down from the $6.50 to $7.50 it affirmed in July. Its third-quarter fuel bill rose 62 per cent. Fares rose almost as fast, and that is why the quarter's operating profit barely moved.