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-0.0014345331246739 0.000173882802990873 0.00199965223439405 0.000608589810467809 -0.00113023821944006 -0.000695531211963122 0.0021735350373848 -0.000869414014953872
Stock impact report

The latest winner from weight-loss drugs? Airlines [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
The increased popularity of weight loss drugs, such as GLP-1s, means airlines are carrying slimmer passengers, which in turn reduces their fuel costs, Bloomberg reports, citing a report by the Wall Street firm Jefferies. These drugs could save the airline industry up to $580 million this year alone, the report says. A 10 percent reduction in passenger weight could save top U.S. airlines — such as United and Delta — up to 1.5 percent in fuel costs and boost earning per share by 4 percent, according to the analysis. The top four airlines in the country are expected to spend $38.6 billion on jet fuel between them this year. GLP-1 medications like Ozempic were initially designed and approved to treat type 2 diabetes but, in recent years, millions have turned to these drugs for weight loss. A November survey by KFF revealed one in eight U.S. adults is taking GLP-1s to either lose weight or treat a chronic condition, which is an increase from early 2024. The survey also revealed that Show less Read more
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