Geopolitics Alpha

LATAM Airlines trims earnings outlook as fuel costs bite

Published . Updated .

Key takeaways

  • Exposed: JETS, USO, DAL, UAL, AAL
  • Market reaction: price tracking starts with the next trading session.

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GEOPOLITICS ALPHALATAM Airlines trims earningsoutlook as fuel costs biteLTMGEOPOLITICS ALPHA

This report is about airlines and oil.

Directly affected

  • LTM Latam Airlines Group S.A+0.1% 16d

    Named in this report.

Indirectly affected

  • JETS U.S. Global Jets ETF-2.7% 30d

    U.S. Global Jets ETF: it holds airlines. Linked by “airline” (airlines) in this story.

  • USO United States Oil Fund+8.9% 30d

    United States Oil Fund: its price follows crude oil. Linked by “fuel costs” (oil) in this story.

  • DAL Delta Air Lines-0.6% 30d

    Delta Air Lines (air transportation, scheduled): airlines' costs move with jet fuel and travel demand. Linked by “airline” (airlines) in this story.

  • UAL United Airlines Holdings+2.9% 15d

    United Airlines Holdings (air transportation, scheduled): airlines' costs move with jet fuel and travel demand. Linked by “airline” (airlines) in this story.

  • AAL American Airlines Group-3.8% 30d

    American Airlines Group (air transportation, scheduled): airlines' costs move with jet fuel and travel demand. Linked by “airline” (airlines) in this story.

  • LUV Southwest Airlines+10.2% 9d

    Southwest Airlines (air transportation, scheduled): airlines' costs move with jet fuel and travel demand. Linked by “airline” (airlines) in this story.

  • XOM ExxonMobil Holdings+6.2% 16d

    ExxonMobil Holdings (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “fuel costs” (oil) in this story.

  • CVX Chevron+12.5% 30d

    Chevron (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “fuel costs” (oil) in this story.

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
LTM-0.41%-3.70%baseafter closeafter closeafter closeafter close
JETS-2.39%-2.55%baseafter closeafter closeafter closeafter close
USO+5.38%+6.75%baseafter closeafter closeafter closeafter close
DAL-3.30%-3.55%baseafter closeafter closeafter closeafter close
UAL-3.52%-2.79%baseafter closeafter closeafter closeafter close
AAL-1.95%-1.79%baseafter closeafter closeafter closeafter close
LUV+0.09%-2.34%baseafter closeafter closeafter closeafter close
XOM+2.57%+5.49%baseafter closeafter closeafter closeafter close
CVX+1.76%+4.58%baseafter closeafter closeafter closeafter close

Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.

LATAM Airlines trims earnings outlook as fuel costs bite Reuters

Source: Reuters

How far U.S. Global Jets Etf (JETS) has moved since 3 Nov 2026

CompanyWhenMoveStatus
American Airlines Group (AAL)three days earlier-1.79%final price
American Airlines Group (AAL)five days earlier-1.95%final price
Chevron (CVX)three days earlier+4.58%final price
Chevron (CVX)five days earlier+1.76%final price
Delta Air Lines (DAL)three days earlier-3.55%final price
Delta Air Lines (DAL)five days earlier-3.30%final price
U.S. Global Jets Etf (JETS)three days earlier-2.55%final price
U.S. Global Jets Etf (JETS)five days earlier-2.39%final price
LTMthree days earlier-3.70%final price
LTMfive days earlier-0.41%final price
Southwest Airlines (LUV)three days earlier-2.34%final price
Southwest Airlines (LUV)five days earlier+0.09%final price
United Airlines Holdings (UAL)three days earlier-2.79%final price
United Airlines Holdings (UAL)five days earlier-3.52%final price
United States Oil Fund (USO)three days earlier+6.75%final price
United States Oil Fund (USO)five days earlier+5.38%final price
ExxonMobil Holdings (XOM)three days earlier+5.49%final price
ExxonMobil Holdings (XOM)five days earlier+2.57%final price

Congressional trades in the stocks in this story

Public disclosure filings, not a recommendation. The filing link is the source document. News use of these reports still sits under 5 U.S.C. § 13107(c).

Who gains and who loses around U.S. Global Jets Etf (JETS)

Companies mentioned with this story

  • JETS U.S. Global Jets Etf

    In “LATAM Airlines trims earnings outlook as fuel costs bite,” U.S. Global Jets Etf (JETS) is linked, with no stored direction, medium confidence. Reason on file: U.S. Global Jets ETF: it holds airlines. Linked by “airline” (airlines) in this story

  • USO United States Oil Fund

    United States Oil Fund (USO) is linked, with no stored direction, medium confidence in the 3 Nov 2026 story “LATAM Airlines trims earnings outlook as fuel costs bite.” Reason on file: United States Oil Fund: its price follows crude oil. Linked by “fuel costs” (oil) in this story

  • DAL Delta Air Lines

    For “LATAM Airlines trims earnings outlook as fuel costs bite,” Delta Air Lines (DAL) is linked, with no stored direction, medium confidence. Reason on file: Delta Air Lines (air transportation, scheduled): airlines' costs move with jet fuel and travel demand. Linked by “airline” (airlines) in this story

  • UAL United Airlines Holdings

    United Airlines Holdings (UAL) is linked, with no stored direction, medium confidence in the 3 Nov 2026 story “LATAM Airlines trims earnings outlook as fuel costs bite.” Reason on file: United Airlines Holdings (air transportation, scheduled): airlines' costs move with jet fuel and travel demand. Linked by “airline” (airlines) in this story

  • AAL American Airlines Group

    American Airlines Group (AAL) is linked, with no stored direction, medium confidence in the 3 Nov 2026 story “LATAM Airlines trims earnings outlook as fuel costs bite.” Reason on file: American Airlines Group (air transportation, scheduled): airlines' costs move with jet fuel and travel demand. Linked by “airline” (airlines) in this story

  • LUV Southwest Airlines

    Southwest Airlines (LUV) is linked, with no stored direction, medium confidence in the 3 Nov 2026 story “LATAM Airlines trims earnings outlook as fuel costs bite.” Reason on file: Southwest Airlines (air transportation, scheduled): airlines' costs move with jet fuel and travel demand. Linked by “airline” (airlines) in this story

  • XOM ExxonMobil Holdings

    ExxonMobil Holdings (XOM) is linked, with no stored direction, medium confidence in the 3 Nov 2026 story “LATAM Airlines trims earnings outlook as fuel costs bite.” Reason on file: ExxonMobil Holdings (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “fuel costs” (oil) in this story

  • CVX Chevron

    Chevron (CVX) is linked, with no stored direction, medium confidence in the 3 Nov 2026 story “LATAM Airlines trims earnings outlook as fuel costs bite.” Reason on file: Chevron (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “fuel costs” (oil) in this story

How “LATAM Airlines trims earnings outlook as fuel costs bite” reaches U.S. Global Jets Etf (JETS)

“LATAM Airlines trims earnings outlook as fuel costs bite” (3 Nov 2026) reaches U.S. Global Jets Etf (JETS) through this story.

For U.S. Global Jets Etf (JETS), the reason on file says U.S. Global Jets ETF: it holds airlines. Linked by “airline” (airlines) in this story

United States Oil Fund (USO) is here too. Its reason reads: United States Oil Fund: its price follows crude oil. Linked by “fuel costs” (oil) in this story

Dates and price levels for U.S. Global Jets Etf (JETS)

DAL traded between 74.14 and 85.67 across 20 sessions. The latest close on file is 83.44. JETS traded between 25.57 and 28.64 across 20 sessions. The latest close on file is 27.04. USO traded between 141.82 and 171.80 across 20 sessions. The latest close on file is 156.89.

How solid “LATAM Airlines trims earnings outlook as fuel costs bite” looks

46 out of 100

“LATAM Airlines trims earnings outlook as fuel costs bite” scores 46 out of 100. The score uses 1 sources, and 8 linked companies.