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

May 3, 2026 - 17:00
Hassett: Energy shocks from Iran war will affect airline profits for at least a quarter
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....