
Jet-fuel surge threatens United's Q1 results as demand stays resilient
United Airlines CEO Scott Kirby said surging jet fuel prices—up about 58% to $3.95 per gallon—will meaningfully pressure first-quarter results and could spill over into Q2, noting United does not hedge fuel costs; despite higher costs, demand remains resilient with booked revenue up about 20% year over year, aided by travelers from Australia and New Zealand avoiding the Middle East, and the carrier weighing options including potential charter flights ahead of a JPMorgan industry conference.




