United Airlines CEO expects 15%-20% price bump from fuel shortages
United Airlines CEO Scott Kirby said Wednesday that he expects a 15%-20% increase in ticket prices as the aviation industry struggles with jet fuel shortages and surging oil prices amid the Iran war. “Yields need to increase by about 15% to 20%,” Kirby said on the company’s earnings call for the first quarter of 2026. […]
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- Airline company Lufthansa cuts 20,000 flights as war squeezes fuel prices and supplies ABC News —
- Lufthansa cutting 20K flights to save jet fuel The Hill —
- Lufthansa parent company cancels 20K flights as war spikes fuel costs Associated Press —