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06:41
JetBlue Airways will reduce its operations at two U.S. airports
Gelonghui June 18th|According to CNBC, JetBlue Airways plans to close its cabin crew base at Newark Liberty International Airport in New Jersey this fall, along with its technical operations bases at both this airport and New York's LaGuardia Airport. The report states that this move aims to cut costs and strengthen services at Fort Lauderdale Airport in Florida. This airport is a profitable hub for JetBlue Airways, where the company holds a dominant market position. Earlier this year, JetBlue Airways announced plans to slow hiring, reduce capacity, and increase ticket prices to mitigate the impact of soaring aviation fuel costs.
06:38
According to sources, two Saudi oil tankers owned by Bahri, the National Shipping Company of Saudi Arabia, are currently located outside the Strait of Hormuz.
```htmlMarket news: Two Saudi oil tankers owned by Bahri, the Saudi National Shipping Company, are currently spotted outside the Strait of Hormuz.```
06:31
Activist investor TOMS Capital urges Devon Energy to accelerate the pace of asset sales
Glonghui, June 18 – According to informed sources, activist investor TOMS Capital Investment Management has acquired a large number of shares in Devon Energy and is urging the U.S. shale oil and gas operator to sell assets or consider a full company sale. In May, Devon Energy completed a $58 billion merger with Coterra Energy and is currently working on the post-merger company’s strategy. Its operations cover six shale basins, with a dominant presence in the Permian Basin in Texas and New Mexico.
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