Business
United Airlines Cuts Routes, Predicts $100-Plus Oil Prices All Year
United Airlines Chief Executive Scott Kirby said the carrier is cutting certain routes due to high oil prices pushing up the cost of jet fuel, and the airline is assuming the price of crude stays above $100 a barrel through 2027.
The airline will cancel certain redeyes and flights on Tuesdays, Wednesdays and Saturdays, according to a memo to staff on Friday. United has also suspended flights to Tel Aviv and Dubai.
If jet-fuel prices stay at their current level, Kirby said it would cost United an extra $11 billion annually. He added that the airline is assuming oil prices will reach $175 a barrel and won’t go back down to $10 until the end of 2027. “There’s a good chance it won’t be that bad,” he wrote. “There isn’t much downside for us to preparing for that outcome.”
US-Iran talks pause for now, disagreements remain
RBC Capital raises Williams Companies stock price target on power demand outlook
Costa Rica receives first group of deported migrants under third-country agreement with US
Islamabad on lockdown as high-stakes U.S.-Iran peace talks begin
Big screens, bigger fandom: BTS brings ‘ARIRANG’ tour to AMC theaters
China would face ‘big problems’ if it ships arms to Iran, Trump warns
RBC Capital cuts QXO stock price target on housing weakness
Doubleview Gold Is Acquisition-Ready
Manhattan district attorney investigates sexual assault claims against Swalwell
Canaccord raises Taysha Gene Therapies price target on trial progress
’50-second meeting’: Sanju Samson reveals CSK’s turning point after hat-trick of losses | Cricket News
Finding Money In Other Countries
Masters tee times round 4: When is Rory McIlroy playing on Sunday at Augusta?
-
Business6 days agoThree Gulf funds agree to back Paramount’s $81 billion takeover of Warner, WSJ reports
-
Politics1 day agoUS brings back mandatory military draft registration
-
Fashion1 day agoWeekend Open Thread: Veronica Beard
-
Tech4 days agoHow Long Can You Drive With Expired Registration? What Florida Law Says
-
Business7 days agoNo Jackpot Winner, Prize to Climb to $231 Million
-
Fashion6 days agoMassimo Dutti Offers Inspiration for Your Summer Mood Board
-
Sports1 day agoMan United discover Nico Schlotterbeck transfer fee as defender reaches Dortmund agreement
-
Fashion4 days agoLet’s Discuss: DEI in 2026
-
Crypto World3 days agoCanary Capital Files SEC Registration for PEPE ETF
-
Business1 day agoTesla Model Y Tops China Auto Sales in March 2026 With 39,827 Registrations, Beating Cheaper EVs and Gas Cars
-
Crypto World3 days agoBitcoin recovers as US and Iran Agree a Ceasefire Deal
-
Politics2 days agoMalcolm In The Middle OG Turned Down ‘Buckets Of Money’ To Appear In Reboot
-
Business9 hours agoIreland Fuel Protests Enter Day 5 as Blockades Spark Shortages and Government Prepares Support Package
-
Business2 days agoOpenAI Halts Stargate UK Data Centre Project Over Energy Costs and Copyright Row
-
Tech6 days agoHaier is betting big that your next TV purchase will be one of these
-
Tech6 days agoGamer Restores the Original PlayStation Portal From Two Decades Ago
-
Tech6 days agoThe Xiaomi 17 Ultra has some impressive add-ons that make snapping photos really fun
-
Tech6 days agoSamsung just gave up on its own Messages app
-
Politics2 days agoLBC Presenter Mocks Trump Over Iran War Failures
-
Tech6 days agoSave $130 on the Samsung Galaxy Watch 8 Classic: rotating bezel, sleep coaching, and running coach for $369
You must be logged in to post a comment Login