Another company is planning to mark up prices in response to rising fuel costs stemming from President Donald Trump’s war with Iran.
United Airlines CEO Scott Kirby announced on Wednesday during the company’s earnings call that the airline may need to raise prices by 15 percent to 20 percent to match the increase in jet fuel costs. He believes that fuel prices could remain elevated at about $4.30 a gallon for an extended period as the Iran war continues.
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