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The Independent UK
The Independent UK
Travel
Katie Hawkinson

Some major US airlines may ‘not survive’ unless oil prices come down soon, experts warn

Some airlines could suffer major losses amid rising oil prices, according to industry leaders and experts.

The ongoing war with Iran has driven up oil prices worldwide, which means airlines are paying more than expected for fuel. As prices continue to rise, United Airlines CEO Scott Kirby warned some airlines might “not survive,” according to The Los Angeles Times.

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