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TD Cowen cuts earnings forecasts for U.S. airlines as fuel pressures cloud 2026 outlook

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TD Cowen cuts earnings forecasts for U.S. airlines as fuel pressures cloud 2026 outlook

TD Cowen, part of Canadian financial services group TD Securities, has lowered earnings expectations for all six major U.S. airlines, warning that sustained high jet fuel prices are likely to weigh on profitability through 2026 despite what it described as an encouraging demand backdrop. The analys...

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