US EditionUnited Airlines Adjusts Flight Schedule Amid Surging Jet Fuel Costs
United Airlines suspends flights to Tel Aviv and Dubai, cuts 5% of capacity including Chicago O'Hare amid jet fuel prices doubling; CEO warns of $11 billion annual fuel cost.
- United Airlines CEO Scott Kirby announced on March 20, 2026, the airline will cancel about 5% of planned flights in the short term.
- Kirby said that jet fuel prices have more than doubled in the last three weeks, and 'if prices stayed at this level, it would mean an extra $11 billion in annual expense just for jet fuel,' reflecting concerns over the U.S.-Israeli war on Iran.
- At Chicago O'Hare, United will reduce about one point of capacity, and has pulled Tel Aviv and Dubai services, totaling about 5% of this year's planned capacity.
- Kirby insisted the cuts are temporary and United will not furlough employees or defer aircraft orders, while the Federal Aviation Administration's summer flight-cut plans prompted an additional pull at Chicago O'Hare International Airport as the U.S. Treasury temporarily authorized purchases of Iranian oil.
- Brent crude is holding above $108 per barrel amid shipping slowdowns through the Strait of Hormuz, while Kirby said demand remains the strongest United has seen with the 10 biggest booked revenue weeks in the last 10 weeks.
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According to internal information from CEO Scott Kirby, the airline expects crude oil prices to rise to $175 per barrel and remain above $100 through the end of 2027. (Oil is currently trading at $106.) At this level, United's annual fuel costs would increase by about $11 billion, more than double the company's "best annual profit ever." We also talked about oil and gas prices on the latest episode of Dohánygyár with Péter Virovácz, a senior ana…
United Airlines Slashes Flights By 5% As Iran War Spikes Fuel Costs— CEO Scott Kirby Warns Of $175 Oil Scenario - American Airlines Group (NASDAQ:AAL), Delta Air Lines (NYSE:DAL)
United Airlines is cutting 5% of its flights and bracing for a prolonged fuel cost surge driven by the Iran conflict, even as strong travel demand allows the airline to raise fares and cushion the financial impact. Importance Rank: 1
The airline expects oil prices to continue to rise and remain high for a long time. Unprofitable flights are now being suspended.
saarbruecker-zeitung.de
HandelsblattThe airline expects oil prices to continue to rise and remain high for a long time. Unprofitable flights are now being suspended.
The American company United Airlines has announced a reduction of own ability to flight because of the rise of the costs of the fuel for the war against Iran. (ANSA)
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