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BREAKING $AMD Q1 2026 Earning Result 🚨🚨🚨 Sales $10.25B vs $9.92B est EPS $1.37 vs $1.29 est Source: AMD dot com

Global airlines are cancelling flights at an unprecedented pace: Airlines have cut 2 million seats and 12,000 flights worldwide from their May schedules over the last 2 weeks, reducing the total available seats to 130 million. This comes as jet fuel costs have DOUBLED since the Iran war began, forcing carriers to cancel unprofitable routes, switch to smaller aircraft, and raise ticket prices. Turkish Airlines and Air China account for the largest seat reductions, cutting ~520,000 and ~490,000 seats, respectively. Lufthansa leads in flight cancellations, at ~4,000 flights in May alone, with the airline having removed 20,000 flights from its schedule between May and October. Meanwhile, Gulf carriers, including Emirates, Etihad, and Qatar Airways, are still operating well below pre-conflict capacity, as the closure of Gulf airports has disrupted ~33% of all European journeys to Asia. Singapore and Tokyo airports asked carriers not to add extra services to limit jet fuel use, and Vietnam introduced jet fuel rationing. The global aviation shock is spreading.

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If Europe doesn’t join the US amid the Cold War 2 between America & the Dragon-Bear, it will be the biggest victim of “self-cannibalization” within the West in the context of the great power competition and the Bifurcation of the Global System. Europe‘s decline will be systemic.

Singapore still has the best arrival - immigration takes 20 seconds and my luggage was instantly on the carousel. But a bit disappointed seeing our suitcases being thrown around while disembarking.