United Airlines Cuts 2026 Profit Outlook Due to Rising Fuel Costs

United Airlines is lowering its outlook for the year as the industry copes with rising fuel prices. 

The carrier slashed its 2026 outlook for adjusted diluted earnings per share to a range of $7 to $11, , down from $12 to $14. United is also trimming capacity by five points for the rest of the year to offset the high fuel costs. 

United said it had a $340 million increase in fuel expenses during the first quarter compared to last year. 

The guidance assume