United Airlines Adjusts Flights Amid Jet Fuel Price Surge

United Airlines is navigating turbulent skies as it grapples with surging jet fuel costs linked to the ongoing Middle East conflict. CEO Scott Kirby announced on Friday that the airline will cut about 5% of its planned flights in the immediate future.

Kirby expressed concerns over the financial impact, noting that if fuel prices remain elevated, the airline would face an additional $11 billion in annual expenses for jet fuel alone. He anticipates oil could rise to $175 per barrel, not expecting a drop back to $100 until the end of 2027.

Beyond the broader reduction strategy, United is also suspending services to key international destinations, including Israel's Ben Gurion International Airport and Dubai International Airport. Furthermore, it plans to scale back capacity at Chicago O'Hare International Airport, coinciding with the FAA's slated flight reductions this summer.