Fuel Prices to Stay High for Long? Airlines ETFs in Focus
United Airlines UAL is trimming more unprofitable routes over the next two quarters as it braces for a prolonged surge in jet fuel prices due to the Iran war, as quoted on CNBC. The move comes even as strong travel demand has enabled U.S. carriers to raise fares.CEO Scott Kirby said in a staff memo…
United Airlines UAL is trimming more unprofitable routes over the next two quarters as it braces for a prolonged surge in jet fuel prices due to the Iran war, as quoted on CNBC. The move comes even as strong travel demand has enabled U.S. carriers to raise fares.CEO Scott Kirby said in a staff memo…
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