Yahoo Finance
Anyone who has booked a flight lately knows fares are not cheap.
The airlines' pricing data pattern over the last few months is unmistakable.
Oil goes up, fuel costs surge, and airlines pass the pain to you.
Now, the only question is how much of it they can absorb before it lands on your seat.
And on July 15, United Airlines (UAL) answered that question with unusual transparency.
The 95-year-old United Airlines (UAL) disclosed it expects nearly $6 billion in additional fuel expense for full-year 2026 compared to what it had modeled at the start of the year, according to the company's July 15Q2 earningsrelease.
Oil prices have risen approximately 15% since the start of July alone, following renewed U.S.-Iran hostilities.
West Texas Intermediate crude sat near $67 per barrel on July 2.
As of this writing on July 16, it is at $80, according toTrading Economicsdata.
Yahoo Financedata shows UAL closed July 15 at $120.97, up slightly on the session.
However, shares fell roughly 3% in premarket trading on July 16 as the market processed the Q3 earnings miss compared to expectations.
Fuel typically consumes about a third of an airline's total operating costs, according to theInternational Air Transport Association(IATA) June 2026 data.
| Product | Price | Change |
|---|---|---|
| Brent Crude | $102.14/bbl | +0.34% |
| WTI Crude | $96.90/bbl | +0.21% |
| EN590 Diesel | $846/MT | +0.18% |
| Jet Fuel A-1 | $1090/MT | +0.55% |
| Mazut M100 | $450/MT | -0.15% |
| Bitumen 60/70 | $470/MT | +0.08% |
| Sulphur Gran 99.5% | $470/MT | -0.44% |
| Urea 46% Gran | $650/MT | +1.12% |
| NPK 16-16-16 | $460/MT | -0.28% |
| Nat Gas TTF | $15.42/MMBtu | +0.92% |
Comments
Post a Comment