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- United Airlines slashes 2026 profit outlook on fuel prices, but travelers keep booking despite higher fares
United Airlines cut its 2026 profit outlook as fuel costs rise, but said passengers keep booking despite higher fares. It expects fourth-quarter adjusted earnings of 50 cents to $1.50 a share, well below the $1.76 analysts expected, and at the top of that range its 2026 adjusted earnings would be no more than $7.22 a share, down from the $9 to $11 forecast in mid-July. Fuel is expected to average $4.80 a gallon in the fourth quarter, up from $3.90 in the third, and its fuel bill rose close to 62% in the quarter to $4.84 billion. Third-quarter adjusted earnings of $2.54 a share narrowly missed estimates of $2.57, while revenue rose 17.4% to $17.88 billion and passenger counts grew more than 2%.
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