Women now make up 29% of executive-level C-suite positions

29%

Women have made big advancements in the C-suite over the past decade, according to new research conducted by McKinsey and gender equity organization Lean In.

The study, published yesterday, found that women now make up 29% of executive-level C-suite positions — up from just 17% in 2015 — across 281 organizations, employing a total of 10 million people. The number of women who hold VP and senior VP roles has also risen by 7% and 6%, respectively.

While more women have climbed to the upper echelons of the corporate ladder, the share of women holding managerial positions only grew by 2% over the same period. And, overall, women — and in particular women of color — remain underrepresented at every stage of seniority in the corporate pipeline, per McKinsey.

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JetBlue is raising its bag fees as fuel costs squeeze airlines

JetBlue will reportedly hike its bag fees, as the cost of jet fuel continues to climb amid the war in Iran. It’s the latest example of carriers finding ways to push rising costs onto travelers.

Last week, United Airlines CEO Scott Kirby said that if fuel prices remain elevated, fares would need to rise another 20% for his airline to break even this year.

As CNBC reported, when one airline raises fees, others tend to follow.

Earlier this month, JetBlue hiked its first-quarter outlook for operating revenue per seat mile to between 5% and 7%, saying that strong Q1 demand helped “partially offset additional expenses realized from operational disruptions and rising fuel costs.” Now, the carrier appears to be making moves to further boost revenue to offset those costs.

Earlier on Monday, JetBlue rival Alaska Air lowered its Q1 profit forecast. The refining margins for the carrier’s cheapest fuel option — sourced from Singapore and representing about 20% of Alaska’s overall supply — have spiked 400% since February.

JetBlue did not immediately respond to a request for comment.

JetBlue Airways raises bag fees as fuel prices soar

As CNBC reported, when one airline raises fees, others tend to follow.

JetBlue did not immediately respond to a request for comment.

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