Hassett: Energy shocks from Iran war will affect airline profits for at least a quarter

Source: The Hill News · Bias: Center

Summary

White House National Economic Council Director Kevin Hassett on Sunday said that energy shocks from the Iran war will affect airline profits for at least a quarter.  “Certainly, it’ll affect profits for the airlines for a quarter or so, but they’re very, very healthy right now,” Hassett said following Spirit Airlines’ decision to cease operations.…

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Hassett: Energy shocks from Iran war will affect airline profits for at least a quarter
The Hill News

Hassett: Energy shocks from Iran war will affect airline profits for at least a quarter

Center

White House National Economic Council Director Kevin Hassett on Sunday said that energy shocks from the Iran war will affect airline profits for at least a quarter.  “Certainly, it’ll affect profits for the airlines for a quarter or so, but they’re very, very healthy right now,” Hassett said following Spirit Airlines’ decision to cease operations.…