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Stock impact report

Donald Trump's Iran War May Increase Your Air Fare [Yahoo! Finance]

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
Company Research Source: Yahoo! Finance
20% in ticket prices in the wake of the US-Israel and Iran conflict. This step is taken to tackle the fuel prices, which have seen an increase as the conflict escalates, in turn increasing oil prices. This piece of news comes amid Donald Trump having agreed to extend the two-week ceasefire deal with Iran. However, he has received no official response from Tehran yet. United Airlines might increase airfare amid Iran war Scott Kirby said on Wednesday that there are chances that airfares might increase amid the ongoing conflict. The airline aims to pass the higher costs on to passengers as early as possible to cover fuel expenses, as it aims for double-digit pre-tax margins next year. The prices could be expected to go up by 15% to 20%. This is because the company wants to cover the whole fuel expense through this move. This call comes after the airline company forecast that the second-quarter and full-year profits may see a drop from what Wall Street had forecast. Although the pre Show less Read more
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