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Stock impact report

United Airlines raises bag fees amid rising fuel costs and introduces tiered premium fares [Yahoo! Finance Canada]

JetBlue Airways Corporation (JBLU) 
Last jetblue airways corporation earnings: 1/23 07:00 am Check Earnings Report
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The first piece of checked luggage will now cost customers $45 on flights within the United States, Mexico, Canada and Latin America, according to United. A second bag will cost $55. “This is the first time in two years the airline has raised bag fees,” United said in a statement. Speaking to investors last month, United CEO Scott Kirby said the rising costs for jet fuel since the conflict began on Feb. 28 had already added roughly $400 million to operating costs. The CEOs for Delta Air Lines and American Airlines reported similar figures. Some United 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 its checked baggage fees earlier this week by $9 for peak travel periods. JetBlue said that charging more for optional ser Show less Read more
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