The latest winner from weight-loss drugs? Airlines
One in eight U.S adults have used GLP-1s for weight loss or chronic conditions, according to a recent survey
by Katie Hawkinson in Washington, D.C.
.png)
Weight-loss drugs could save U.S. airlines millions in fuel costs this year, according to a new report.
The increased popularity of weight loss drugs, such as GLP-1s, means airlines are carrying slimmer passengers, which in turn reduces their fuel costs, Bloomberg reports, citing a report by the Wall Street firm Jefferies. These drugs could save the airline industry up to $580 million this year alone, the report says.
A 10 percent reduction in passenger weight could save top U.S. airlines — such as United and Delta — up to 1.5 percent in fuel costs and boost earning per share by 4 percent, according to the analysis. The top four airlines in the country are expected to spend $38.6 billion on jet fuel between them this year.