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Stock impact report

United Airlines checked bag fees climbs $10-50 as fuel prices nearly double since Iran war [FOX Business Network]

United Airlines Holdings, Inc. (UAL) 
Last united airlines holdings, inc. earnings: 4/30 04:30 pm Check Earnings Report
US:NYSE Investor Relations: ir.united.com
United Airlines is raising checked bag fees by $10 to $50 for travelers purchasing tickets starting Friday, the company confirmed to Fox Business on Thursday. The increase, which the airline said marks its first bag fee hike in two years, comes after JetBlue announced similar measures in late March. Customers flying within the U.S., Mexico , Canada and Latin America can expect a $10 increase on first and second checked bags, while the fee for a third bag will jump by an additional $50. The airline did not specify whether the price increase was tied to higher jet fuel costs stemming from the recent Iran war, which has drastically disrupted global oil markets. However, United CEO Scott Kirby warned in recent weeks that sustained higher jet fuel costs could strain company revenue. "United is raising first and second checked bag fees by $10 for customers traveling in the U.S., Mexico and Canada and Latin America beginning with tickets purchased Friday, April 3," the airline said. Show less Read more
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