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United Airlines: Airfares May Need to Rise 15-20% to Offset Fuel Price Surge
2026-04-23 09:54:26 United Airlines (UAL.US) CEO Scott Kirby said during an earnings conference call that airfares may need to increase by 15-20% to offset the surge in aviation fuel costs, Reuters reported. He said the company plans to pass through the increase in fuel costs in full as quickly as possible and expects to move toward full pass-through, as the company targets achieving a double-digit pre-tax profit margin next year. ~ AASTOCKS Financial News Website: www.aastocks.com | |