Recently in the aerospace sector, American Airlines fell 4.2%, as rising oil prices directly impacted the cost side, with airlines having a negative leverage exposure to oil price increases; Royal Caribbean Cruises fell 1.1%, as weakening consumer confidence suppressed cruise demand expectations; Raytheon Technologies was largely flat, with robust defense orders but valuations already fully reflecting this; AeroVironment +3.0%, as its drone and military drone businesses benefited from geopolitical tensions; Archer Aviation remained unchanged, as eVTOL commercialization remains a long-term story.