United Airlines CEO: Fuel prices to stay high in long-term

Monday, 20. June 2022 16:49

United Airlines CEO Scott Kirby told reporters on Monday that he expects fuel prices to stay high over the long term.

Speaking with reporters in Doha, he further mentioned that based on current prices, the airline's fuel bill could total $12 billion in 2022.

However, Kirby also affirmed that he does not expect a decline in air freight demand, as it will continue to be robust. He also emphasized that he expects cargo rates to moderate.

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Author:
Baha Breaking News (BBN) / JG