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Stock impact report

Airlines to save big money on fuel as new weight-loss pills gain popularity, Wall Street says [CNBC]

Novo Nordisk A/S (NVO) 
Last novo nordisk a/s earnings: 2/5 01:31 am Check Earnings Report
US:NYSE Investor Relations: novonordisk.com/investors.html
Company Research Source: CNBC
With the first GLP-1 weight-loss drug now available in pill form , analysts at Jefferies say broad adoption across society could quietly lower fuel bills — airlines' single largest cost — and lift earnings for the carriers. “A slimmer society = lower fuel consumption. Airlines have a history of being vigilant around aircraft weight savings, from olives (pitless, of course) to paper stock,” the Wall Street firm said in a note to clients. Jefferies argued that a 10% reduction in average passenger weight could translate into roughly 2% total aircraft weight savings, up to 1.5% lower fuel costs and as much as a 4% boost to earnings per share. Patients are already getting their hands on the first GLP-1 pill for obesity from Novo Nordisk , and a similar product from Eli Lilly isn't far behind, with U.S. approval expected within months. By eliminating the need for self-injection, pills are widely expected to attract first-time patients to obesity treatments. Earnings Gains Jefferi Show less Read more
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