Trump take vacation
By 
David Brooks is going to be even more upset about the markups at the airport bar this summer:
United Airlines UAL.O CEO Scott Kirby said on Wednesday ticket prices may need to rise by as much as 15% to 20% to offset a surge in jet fuel costs, signaling a significant test of consumers’ willingness to absorb higher fares as the industry grapples with volatile oil prices.
On the company’s earnings call, Kirby said that United is aiming to recover the full increase in fuel costs “as quickly as possible” and expects to move toward a 100% pass-through, as it targets double-digit pre-tax margins next year.
“Yields need to increase by about 15% to 20%,” Kirby said, adding the company is assuming fuel prices could remain elevated for longer.
The comments come after United forecast second-quarter and full-year profits below Wall Street estimates as higher jet fuel prices squeeze margins and cloud its near-term outlook, even as demand for premium travel stays robust.
But people will be less angry about the Trumpflation when they understand that we’re undertaking this sacrifice in order to bomb Iran so that…um. we’ll get back to you on that.