United CEO Warns Fuel Spike Could Hit Airlines [Yahoo! Finance]
United Airlines Holdings, Inc. (UAL)
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Source: Yahoo! Finance
This article first appeared on GuruFocus United Airlines ( NASDAQ:UAL CEO Scott Kirby is warning that the recent surge in jet fuel prices could start hitting airline profits sooner than many expected, as tensions in the Middle East push energy costs higher across the industry. Warning! GuruFocus has detected 4 Warning Sign with UAL. Is UAL fairly valued? Test your thesis with our free DCF calculator. Speaking at an event at Harvard's John A. Paulson School of Engineering and Applied Sciences , Kirby said fuel prices have climbed roughly 15% to 20% over the past week , and that kind of move could quickly show up in first quarter results for airlines. If prices stay elevated, the pressure could easily spill over into the second quarter , he added. Fuel is one of the largest expenses for airlines. In normal conditions it typically makes up around one third of operating costs , but during periods of geopolitical turmoil that figure can climb to more than 40% Recommended Stori
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UAL
Earnings
- 1/20/26 - Beat
UAL
Sec Filings
- 3/6/26 - Form 4
- 3/6/26 - Form 4
- 3/6/26 - Form 4
- UAL's page on the SEC website