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United Airlines warns fuel cost spike after Iran strike to hit quarterly results, CNBC reports

ReutersMar 6, 2026 1:43 PM

March 6 (Reuters) - United Airlines UAL.O CEO Scott Kirby told CNBC on Friday that surging fuel prices following the U.S. and Israel's strike on Iran will have a "meaningful" hit on the carrier's first-quarter results, though travel demand remains resilient.

Jet fuel prices have jumped 15% in the past week, adding to the pressure on an airline industry already hit hard by the widening conflict, which has led to more than 20,000 flight cancellations and left thousands of passengers stranded.

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