Please sign in to post.

Scott Kirby, United CEO, was on CNBC this morning.

Scott Kirby, United CEO, was on CNBC this morning.

He said fuel prices have doubled so far.
He said about 40% to 50% of the increase in fuel charges have been passed on through airfares.
He expects the pass through to be 100% by year end.
He expects airfares to increase another 15% to 20% to get to the 100%.
He said so far the price increases have not impacted demand but that he thinks later on there will be a slight impact.
Not planning to cancel long-haul flights, if there's a fuel supply problem, short-haul flights would be canceled first.

There are no replies to this topic.