No. of Recommendations: 17
Is this Joe Biden’s fault or Elizabeth Warren's fault?...
"All the airlines are cancelling flights and adding extra charges amid jet fuel crisis due to rocketing jet fuel costs caused by conflict in the Middle East"
"American Airlines said it expected a $400m increase in first-quarter expenses due to fuel prices."
"Delta Air Lines said it would cut capacity by around 3.5% and raise fees for checked bags in an attempt to offset soaring jet fuel costs,
with an increase of $10 on first and second checked bags and a $50 increase on the third.
The airline pulled all planned capacity growth for the current quarter and forecast profit below Wall Street expectations.
Delta CEO said it would hold off on updating the full-year outlook given uncertainty over how long the fuel price spike would last."
"Southwest Airlines forecast second-quarter profit below estimates as margins were dented by high fuel prices.
It said it would hike checked baggage fees by $10 for the first and second bags, raising costs to $45 for the first bag and $55 for the second."
"Alaska Air said it would increase fees for the first checked bag by $5 and by $10 for the second. It hiked prices for a third checked bag from $50 to $200.
The carrier withdrew its full-year profit forecast as the sharp rise in jet fuel prices put pressure on margins."
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https://www.independent.co.uk/travel/news-and-advi... 