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-0.000219828533743636 0 -0.00142778632666527 0.000769399868102961 0.00241811387118047 0.00430863926137608 0.00406682787425813 0.00296768520553964
Stock impact report

Airlines Posted Record Revenue In Q1—But Lost Billions To Pricier Jet Fuel [Forbes]

United Airlines Holdings, Inc. (UAL) 
Last united airlines holdings, inc. earnings: 4/30 04:30 pm Check Earnings Report
US:NYSE Investor Relations: ir.united.com
Company Research Source: Forbes
All the “big four” airlines—American, Delta, United and Southwest—reported record Q1 revenue, but the gains were offset by higher jet fuel costs and American and Delta ended up in the red. United Airlines and American Airlines this week cut their 2026 forecasts due to higher jet fuel costs, while Southwest Airlines held off updating its full-year guidance. American Airlines told investors its jet fuel bill will increase by $4 billion in 2026, while Delta Air Lines said its fuel bill will be $2 billion higher in the second quarter alone. Jet fuel will be “a billion dollar headwind” in the second quarter, Southwest Airlines CEO Bob Jordan told investors on Thursday. Jet fuel was $4.23 a gallon Wednesday on the Argus U.S. Jet Fuel Index —up 69% since the U.S. and Israel launched airstrikes on Iran more than seven weeks ago. The Dow Jones U.S. Airline Index was down 8% Thursday compared to before the Iran war began. “The increase in jet fuel prices kept this from being a prof Show less Read more
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