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United Airlines to cut 5% of scheduled flights as fuel prices soar
Reuters· 2026-03-20 23:33
United Airlines to cut 5% of scheduled flights as fuel prices soar | Reuters Skip to main content The airline is cancelling about three percentage points of capacity in off-peak periods during the second and third quarters. It has also pulled services to Ben Gurion International Airport in Israel and the Dubai International Airport in UAE, affecting about 1 percentage point of capacity. The airline will pull another percentage point of capacity to Chicago O'Hare International Airport following the Federal A ...
Delta Air Lines CEO Ed Bastian on state of travel, rising jet fuel costs and TSA staffing shortage
CNBC Television· 2026-03-17 13:43
Good morning, Andrew. Ed, thank you very much for joining us today ahead of the presentation that you'll make in a few minutes at the JP Morgan Industrials Conference. Let's talk about your guidance for Q1.Yep. Given jet fuel prices, everybody has been assuming that all the airlines will cut their guidance, but you're not cutting your guidance. What What are you seeing for Q1.>> Well, it's been an interesting quarter. Uh first of all, jet fuel prices have almost doubled just since the start of the quarter, ...
Airbus North America CEO Robin Hayes on impact of war in Iran on aviation industry
CNBC Television· 2026-03-09 17:37
>> WELCOME BACK. AIRBUS WITH PLANS TO EXPAND ITS U.S. PRODUCTION FOOTPRINT. BUT THIS WAR IN IRAN AND A SURGE IN JET FUEL PRICES COULD IMPACT THAT.OUR PHIL LEBEAU IS IN SAN DIEGO WITH MORE ON THAT STORY. HEY PHIL. >> GOOD MORNING CARL.ROBIN HAYES, CEO OF AIRBUS NORTH AMERICA, JOINING US HERE AT THE ISTAT CONFERENCE IN SAN DIEGO. HERE WE ARE. WE'LL TALK ABOUT PRODUCTION FOR AIRBUS AND NORTH AMERICA IN JUST A LITTLE BIT.BUT FIRST LET'S TALK ABOUT THE MIDDLE EAST, THIS CONFLICT. WHAT WE'RE SEEING WITH JET FUEL ...