United Airlines sees elevated fuel costs through 2027, flags margin challenges
Wed 15:48
United Airlines sees elevated fuel costs through 2027, flags margin challenges CHICAGO, Oct 21 (Reuters) - United Airlines UAL.O CEO Scott Kirby said on Wednesday the carrier expects fuel prices to remain elevated throughout 2027.
Kirby said achieving United's goal of double-digit pretax margins next year would probably require lower fuel costs, slower industry capacity growth or airlines continuing to prioritize higher fares over fuller planes.
(Reporting by Rajesh Kumar Singh)
((rajeshkumar.singh@thomsonreuters.com; +1-313-484-5370; Reuters Messaging: rajeshkumar.singh.thomsonreuters.com@reuters.net))
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