On the NavFile and FlyRadius sites, I have posted articles about The Walt Disney Company’s recent Investor Day presentation and how the recent rise in oil prices may affect airlines and the aviation industry.
In my Walt Disney Company article, I covered the key points of the presentation, which was centered around the company growth prospects of the company’s streaming services division. Two of the important details that were shared included that the company will be launching its Disney+ streaming service in November of this year and that it expects Disney+ to be profitable by 2024. The company also provided details on the growth prospects for ESPN+ and Hulu. You can read the full article on the NavFile site here.
At FlyRadius, I wrote about the steady rise in oil prices and how a continued rise may affect the performance of airlines this year. Increases in the market capitalization of U.S. airlines all occurred when the price of oil dropped below $100 a barrel in 2014. If prices continued to rise will the airlines be able to manage the effects for higher fuel costs? Read more about this topic on the FlyRadius site.