US EditionUnited Airlines Just Issued a Playbook for Any Business Staggered by Skyrocketing Costs
9 Articles
9 Articles
Airlines are preparing for the worst as Iran war enters its fourth week. But demand is still strong, and travelers are willing to pay higher fares
United Airlines CEO Scott Kirby is preparing for the worst: a future where oil prices reach as high as $175 per barrel and stay above $100 until the end of 2027. With the U.S.-Israel war on Iran now in its fourth week, the airline industry is staring down its biggest disruption since the pandemic as the global oil market suffers a supply shock. This is the first major crisis the industry is facing since widely ending the practice of fuel hedgin…
Confronted with an unprecedented surge in the price of kerosene since the outbreak of the Israeli-American offensive against Iran, United Airlines will withdraw approximately 5 points of capacity from its 2026 program, mainly in off-peak periods and on some international routes. In a message to employees, Scott Kirby does not minimize the magnitude of the shock caused by the outbreak of air fuel, a doped by the war in the Middle East. According …
Due to the sharp increase in kerosene prices since the Iran war, United Airlines cuts five percent of the planned capacity. At the same time, the airline is preparing for an oil price of up to $175 per barrel.
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