Third Order Effects Begin: U.S. Airlines Hike Bag Fees As Jet Fuel Prices Spike

Third Order Effects Begin: U.S. Airlines Hike Bag Fees As Jet Fuel Prices Spike The New York Harbor jet fuel benchmark has doubled in just five weeks as the aviation fuel crisis spreads from airport to airport worldwide following ongoing disruptions at the Hormuz chokepoint. The third-order effects of that energy shock began to materialize this past week, with major U.S. airlines raising checked-bag fees to offset soaring fuel costs.  United Airlines and JetBlue Airways, two ma...

By Tyler Durden