United Airlines slashes 2026 profit outlook on fuel prices, but travelers keep booking despite higher fares
United Airlines cut its profit outlook for the year as fuel prices continued to climb.
TL;DR
- United Airlines lowered its 2026 profit outlook due to rising fuel prices.
- The airline expects higher fuel costs in the fourth quarter, increasing its overall expenses.
- Despite the forecast reduction and increased fares, passenger bookings remain strong, with passenger counts up over 2% from last year.
- United's third-quarter earnings per share were $2.54 adjusted, slightly below analyst expectations.
- Third-quarter revenue increased by 17.4% year-over-year to $17.88 billion.
- United's fuel bill for the quarter rose by nearly 62% compared to the previous year.