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Updated · CNBC · Apr 21United Airlines Lowers 2026 Profit Outlook Amid Soaring Fuel Costs
53 articles · Updated · CNBC · Apr 21
- United Airlines has cut its 2026 profit forecast, citing surging jet fuel prices driven by conflict in the Middle East.
- The airline now expects adjusted earnings of $7 to $11 per share, down from prior guidance of $12 to $14 per share.
- Despite a strong first quarter, higher fuel costs and trimmed capacity are likely to pressure earnings and investor sentiment throughout the year.
With the United-American merger blocked, what's next for industry consolidation and the price of airfare? United is betting on luxury travel. Can this strategy succeed as soaring fuel costs push ticket prices higher? Why do US airlines ignore fuel hedging, a strategy their European rivals use to manage soaring costs? Airlines are cutting flights globally. What does this mean for your chances of finding an affordable summer vacation? Could the collapse of Spirit Airlines ultimately benefit its larger rivals by eliminating a low-cost competitor? Is Delta's private oil refinery the secret weapon that will help it win the airline fuel crisis?