Overview
- CEO Scott Kirby told employees United is canceling roughly three points of off‑peak flying in Q2–Q3, pulling one point at Chicago O’Hare, and keeping Tel Aviv and Dubai suspended, totaling about five points.
- United’s planning assumes crude could reach $175 a barrel and remain above $100 through the end of 2027, which would add about $11 billion to annual fuel expense.
- The company says it will not furlough employees, defer aircraft orders, or delay long‑term investments despite the fuel shock.
- Jet fuel prices have roughly doubled since late February because of Gulf tensions and Strait of Hormuz disruptions, prompting fare increases and capacity trims across the industry.
- United shares fell about 1.7% in premarket trading Monday after the memo, reflecting investor concern over higher costs and near‑term schedule cuts.