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United CEO Kirby Says Our Plans Assume Oil Goes To $175/Barrel Until The End Of 2027

ReutersMar 20, 2026 11:21 PM

March 20 (Reuters) - United Airlines Holdings Inc UAL.O:

UNITED CEO KIRBY: OUR PLANS ASSUME OIL GOES TO $175/BARREL AND DOESN'T GET BACK DOWN TO $100/BARREL UNTIL THE END OF 2027
UNITED CEO KIRBY: CONTINUE TO TAKE DELIVERY OF ABOUT 120 NEW AIRCRAFT THIS YEAR, INCLUDING 20 NEW 787S, AND WILL TAKE 130 NEW AIRCRAFT BY APRIL 2028
UNITED CEO KIRBY: WILL NOT FURLOUGH EMPLOYEES, DEFER AIRCRAFT ORDERS, DOWNGRADE REGIONAL JETS, GO THROUGH COST CUTTING EXERCISES, OR DELAY INVESTMENTS
UNITED CEO: NO CHANGES ABOUT LONGER-TERM PLANS FOR AIRCRAFT DELIVERIES OR TOTAL CAPACITY FOR 2027 AND BEYOND
UNITED AIRLINES CEO KIRBY: IF FUEL PRICES STAYED AT CURRENT LEVEL, IT WOULD MEAN AN EXTRA $11 BILLION IN ANNUAL EXPENSE JUST FOR JET FUEL
UNITED CEO KIRBY: OUR CURRENT PLAN IS TO RESTORE THE FULL SCHEDULE THIS FALL
UNITED CEO KIRBY: WE ARE CANCELING ABOUT 3 POINTS OF FLYING IN OFF PEAK PERIODS DURING Q2 AND Q3
UNITED CEO KIRBY: COMPANY HAS PULLED TLV AND DXB SERVICE, REPRESENTING ABOUT ANOTHER 1 POINT OF CAPACITY

Source text: [ID:]

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