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Stock impact report

Checking a bag on United Airlines now costs $10 more as jet fuel costs soar [Globe and Mail, The (Toronto, Canada)]

JetBlue Airways Corporation (JBLU) 
Last jetblue airways corporation earnings: 1/23 07:00 am Check Earnings Report
US:NASDAQ Investor Relations: investor.jetblue.com/investor-relations
Customers traveling in the United States, Mexico, Canada and Latin America will now pay $45 for their first piece of luggage and $55 for their second bag, according to United. “This is the first time in two years the airline has raised bag fees,” United said in a statement. Some passengers will still receive a free first checked bag, including co-branded credit card holders, certain loyalty-tier members, active military personnel and travelers in premium cabins. Customers who check bags less than 24 hours before departure will pay an additional $5. United joins JetBlue, which raised checked baggage fees on Monday by up to $9 during peak travel periods, as the war in the Middle East continues to severely disrupt global oil supplies, particularly near the narrow Strait of Hormuz where a fifth of the world's oil typically passes. That has caused crude prices to fluctuate wildly , which affects airlines' operating costs because the fuel their aircraft rely on is refined from crude Show less Read more
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