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United Airlines cuts 2026 earnings forecast amid rising jet fuel costs from Middle East conflict

Company Fundamentals
21 Apr 2026
CNBC
View Source
Bearish
pluang ai news

United Airlines lowered its 2026 adjusted earnings forecast to $7-$11 per share from $12-$14 due to soaring jet fuel prices linked to the Middle East war. Despite this, the airline's first-quarter earnings beat expectations with revenue up over 10% and strong unit revenue growth across all segments. United is reducing some flight capacity to manage costs but expects capacity growth to be flat to 2% in the second half of the year. The company anticipates gradually recovering fuel cost increases through higher fares and operational adjustments throughout 2026.

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