Impact of U.S./Iran Conflict on Airlines & Ticket Prices
Schwab Network · Schwab Network
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Show Notes
Robby Silk walks through what the U.S./Iran conflict means for the airlines sector and ticket prices. “They will raise fares, they have to,” but what pricing power they have is in question, Robby argues. However, this will erode demand and could cause a “lot of people to stop flying.” He advises people against booking “long-range” tickets, instead waiting until the trip is closer. Right now, airlines are losing money because they’re flying presold tickets, he adds. “Low cost carriers are particularly vulnerable.”
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