Gasoline prices in the U.S. have risen about 33% in a month, reaching nearly $4 per gallon, while jet fuel costs surged nearly 69% due to escalating tensions and conflict in the Middle East involving Iran. Senator Elizabeth Warren criticized the Trump administration for the economic chaos and rising prices caused by the conflict, urging an end to the war. The surge in fuel costs is also impacting the aviation industry, with airlines warning of potential fare increases. Diplomatic efforts continue amid ongoing military actions and regional instability.
United Airlines is set to report its Q2 earnings with expectations of a strong performance, driven by 3% capacity growth and a 12.8% rise in unit revenue. UBS forecasts earnings per share at $1.91, above consensus, but rising jet fuel prices pose a s...
United Airlines is set to report its Q2 2026 earnings on July 15, with analysts expecting a 16% revenue increase to about $17.68 billion. Despite this top-line growth, earnings per share (EPS) are forecasted to drop by 51.2% to $1.89, though recent a...
US stock futures rose after a softer-than-expected Consumer Price Index (CPI) report reduced the chances of a Federal Reserve rate hike in July. The market now awaits today's Producer Price Index (PPI) data, which could either confirm easing inflatio...
United Airlines announced it will offer customers the option to pay more to keep the middle seat empty on certain rows of its Airbus A321XLR aircraft, providing extra space and comfort. This upsell feature, common in Europe as a form of short-haul bu...
The 2026 FIFA World Cup, hosted largely in the US, has driven significant traffic gains for major US airlines like American, Delta, and United. American Airlines added over 27,000 seats on routes to host cities, while United saw nearly a 20% booking ...
