Finance flights -related airline bonds tightened in

Finance flights-related airline bonds tightened in yield spreads to three-month lows, indicating stronger credit market sentiment toward the industry. Equity investors take this as a bullish macro signal. The project is at a very early stage, with further details on the potential outcome unclear this weekend. The Air Canada component of the Canadian Union of Public Employees says most terms would still form part of a new collective agreement with the airline, with the exception of the wage issue. Finance flights-related ETFs experienced a sharp intraday spike as oil prices retreated 3%, which could enhance net profits for carriers. Market sentiment gauges show rising expectations of robust summer demand despite macro headwinds, suggesting potential upside in revenue per available seat mile (RASM) metrics.