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Stock impact report

JetBlue raises its checked bag fees by as much as $9 as the Iran war affects fuel costs [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
The new fees took effect Monday. For most domestic economy passengers, the first checked bag now costs $39, up from $35. During peak travel times such as April spring breaks, major holidays and the summer, passengers will have to pay $49 instead of $40, the airline said. JetBlue increased the charge to check a second bag from $50 to $59 for off-peak periods, and from $60 to $69 for periods of peak demand. The airline, which has its flagship terminal at New York's John F. Kennedy International Airport, said in an emailed statement to The Associated Press on Tuesday that charging more for optional services “used by select customers” would allow it to keep its airfares competitive. “While we recognize that fee increases are never ideal, we take careful consideration to ensure these changes are implemented only when necessary,” JetBlue said. Airlines around the world are confronting soaring operating expenses due to jet fuel prices that have jumped nearly 85% since the Iran war b Show less Read more
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