United Airlines slashes profit forecast as price of jet fuel surges
Company curbs full-year expectations despite record first-quarter sales as Iran war pushes up costs
Related reading
Delta to cut routes and raise charges to counter $2bn jet fuel hit
US airline faces higher bill from soaring prices driven by Iran war
US airlines face $11bn fuel hit from Iran conflict
American carriers’ decision not to hedge future purchases has left them exposed to sharp swings in oil prices
Airlines in crisis mode as Iran war hits jet fuel supplies
Carriers scale back expansion plans as oil prices soar
Air France owner increases prices as fuel costs surge by $2.4bn
Airline pares growth plans, cuts spending and increases ticket prices in response to Iran war
EasyJet warns of widening losses as jet fuel costs soar
Fuel prices have doubled since start of Iran war
European airlines hold off jet fuel hedging in Iran war gamble
Traders expect prices to fall later this year, giving carriers hope they can lock in lower rates by being patient