United Airlines Reduces Full-Year Profit Forecast Due to Rising Jet Fuel Costs
United Airlines has lowered its full-year profit forecast to $7 to $11 per share for 2026, down from $12 to $14 per share, due to rising jet fuel prices linked to geopolitical tensions in the Middle East. Despite reporting higher-than-expected first-quarter earnings, the company's shares fell over 6% following the announcement.
Tickers: $UAL
Topics: Corporate Guidance Earnings Report Geopolitical Tensions Jet Fuel Prices Profit Forecast