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StocksMediumUpdated•Originally published 23 March 2026•Updated 24 March 2026•
1 min read

United Airlines Cuts Flights as CEO Forecasts Oil Above $100 Through 2027

Key Facts

1United Airlines plans to cut more unprofitable flights over the next two quarters.
2CEO Scott Kirby expects oil to potentially reach $175 a barrel and remain above $100 until the end of 2027.
3The measures are a response to high jet fuel prices driven by the war in Iran.

United Airlines is reducing its flight schedule over the next two quarters to mitigate surging fuel costs, as CEO Scott Kirby forecasts oil prices remaining above $100 per barrel through 2027. Meanwhile, Southwest Airlines is grappling with significant financial pressure after deciding to abandon its fuel hedging program just as energy prices spiked. This strategic shift leaves Southwest fully exposed to the oil rally, contrasting with industry efforts to shield profit margins from volatility. While travel demand remains robust, the combination of high energy costs and hedging missteps poses major operational challenges for the aviation sector. These developments highlight the differing approaches carriers are taking to navigate a long-term high-cost energy environment. Ultimately, the sector remains highly sensitive to geopolitical tensions in Iran and their direct impact on global jet fuel supplies.