
"CENTCOM stating overnight that the operation is only accelerating and only suggests disruptions will extend into next week.
The big risk flagged by Deutsche Bank analysts, led by Michael Linenberg, is that surging jet fuel prices could hit some of the weakest airlines.
With Brent crude futures up roughly 52% year to date and jet fuel up 100% to 125%, Linenberg warned clients in a note on Friday that "financially weakest carriers could halt operations."
"Year-to-date oil prices are up ~50% while jet fuel prices are up 100% - 125%. Absent near-term relief, airlines around the world could be forced to ground 1,000s of aircraft while some of the industry's financially weakest carriers could halt operations," the analyst said.
Frontier, Jetblue, and American are in the most vulnerable position.
