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11:50
Mar 06
@FirstSquawk
CHINA: EASTERN RESUMES SOME FLIGHTS TO THE MIDDLE EAST
CEA
04:36
Mar 02
Paul Allen Reporter, Bloomberg Bloomberg Markets
Qantas (QAN.AX) is down ~6% on flight cancellations. Airspace over major hubs (Dubai) is closed. Jet fuel could hit $100+. Airlines face a "double whammy": revenue loss from route cancellations/diversions AND spiking cost of goods sold (fuel). Specifically, Chinese and Indian airlines are noted as "not hedged" compared to peers like Cathay or JAL. SHORT Airlines, specifically unhedged Asian carriers and global indices (JETS). Government subsidies for national carriers or a rapid drop in oil prices.
CEA

About CEA Analyst Coverage

Buzzberg tracks CEA (CEA Industries Inc.) across 2 sources. 0 bullish vs 0 bearish calls from 2 analysts. Sentiment: evenly split. 2 total trade ideas tracked.