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United Braces For $175 Oil

Benzinga

20 Views • Mar 23, 2026

Description

United Airlines is cutting capacity by ~5% in Q2 and Q3, targeting off-peak routes at Chicago O'Hare as CEO Scott Kirby plans for oil at $175/barrel and above $100 through end of 2027. Jet fuel costs have nearly doubled since late February, potentially adding $11B annually. Flights to Tel Aviv and Dubai remain suspended.

Keywords & Tags

#UAL #ScottKirby #UnitedAirlines #OilPrices #TravelStocks #JetFuel #AirlineStocks #AviationIndustry #IranWar #CapacityReduction

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