Here's a sentence that I probably couldn't have imagined writing a few years ago:
So many Americans are predicted to drop so many pounds so quickly (as a result of the rise of Ozempic and other similar weight loss drugs), that an analyst predicts their collective weight loss will mean massive savings for airlines.
As an example, Sheila Kahyaoglu, an analyst at Jefferies Financial, estimated recently that United Airlines could save $80 million per year in fuel costs if these drugs result in the average American losing about 10 pounds.
(Assume about 179 passengers on average on each United Airlines aircraft, so that works out to 1,790 fewer pounds per flight. United says on its website that it has 4,500 daily flights, so that would add up to moving almost 1.5 million fewer tons per year.)
To be sure, the airlines aren't the only industry that could see big changes as a result of these weight loss drugs. Some analysts think it will lead to lower food sales, and especially lower sales of snacks, fast-food, and drinks. Walmart says it's already seeing this trend.
But I write a ton about the airline industry, and one of the recurring trends is the extreme lengths they go to, to try to save money on fuel costs by trimming the weight they have to carry — anywhere they can find it.
Just for the fun of it, let's go to the history books. Examples include:
Let's just take a moment to remember the Gimli glider, an Air Canada flight in 1983 that had to make an emergency landing because it ran out of fuel due to a miscalculation. I mention this because before I heard that story, it never occurred to me that airliners don't just fill their tanks to the top, like you probably do with you car.
But, I digress. Boy, did I ever.
Anyway, it's good that we're all collectively losing weight. It's almost impossible to quantify just how it will affect other industries—like fast food, for example, but to the extent that any particular business cares what my emotions are toward it, I'm happy for the airlines that they will ultimately save money without having to do a single thing.
As long as they're saving so much weight, however, I have a final request: Do you think we can get the extra olive back?
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