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United Airlines CEO Warns Summer Airfares Will Spike, Tells Travelers To Book Now
United Airlines CEO Warns Summer Airfares Will Spike, Tells Travelers To Book Now
United Airlines CEO Scott Kirby told ABC News on Wednesday that the month-long U.S.-Iran conflict and the resulting spike in jet fuel prices are set to push domestic summer airfares higher.
Kirby told ABC that ticket prices will have to rise by 20% to offset the more than 80% jump in jet fuel prices since the conflict began late last month. He said travelers should lock in their ticket prices now, before fares move higher.
Jet Fuel NY Buckeye...
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Authored by Noi Mahoney via FreightWaves,
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The Small Business in Transportation Coalition said the U.S. Department of Transportation has failed to enforce federal law after finding states out of compliance. (Photo: Jim Alen/Freightwaves)
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