United CEO: Global travel demand stays strong amid Iran war and oil surge
TL;DR Summary
United Airlines CEO Scott Kirby says global travel demand remains robust despite the Middle East crisis and surging oil prices, with bookings up more than 20% recently and Europe leading international demand; fuel costs are likely to be passed to consumers, but demand is expected to stay resilient as the industry heads toward JPMorgan’s Industrials conference, including notable increases in Australia-to-Europe travel.
Topics:business#aviation#aviation-industry#middle-east-conflict#oil-prices#travel-demand#united-airlines
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