{
  "id": 15840018,
  "title": "United’s profit forecast dragged down by jet fuel costs",
  "url": "https://urgent.news/2026/10/21/uniteds-profit-forecast-dragged-down-by-jet-fuel-costs-15840018",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-21T02:22:55.000Z",
  "source": {
    "name": "Free Malaysia Today",
    "slug": "free-malaysia-today-freemalays",
    "url": "https://www.freemalaysiatoday.com/category/business/2026/10/21/united-s-profit-forecast-dragged-down-by-jet-fuel-costs"
  },
  "original_language": "en",
  "account": "United Airlines announced an 8.5% increase in its Q3 profit, reaching US$1 billion, as strong travel demand propelled the company's finances. However, the airline disclosed on Tuesday that it anticipates lower-than-expected results for the fourth quarter, primarily due to a surge in jet fuel costs. The US-based carrier detailed a 17.4% rise in revenues, contributing to their Q3 profits of US$1 billion, which was a 8.5% improvement from the previous year. United Airlines attributed its overall performance to broad-based success across its premium, basic economy, and cargo sectors. Nevertheless, the airline's results have been significantly affected by the sharp rise in jet fuel prices, which are among the refined petroleum products that have faced substantial supply constraints due to the US-Iran conflict. The cost of jet fuel increased by US$1.8 billion in the third quarter compared to the 2025 period. Furthermore, United Airlines anticipates even higher jet fuel prices in the current fourth quarter, projecting costs at US$4.80 per gallon, a 23% increase from the third quarter. The company expects fourth-quarter profits to range between 50 cents and US$1.50 per share, falling short of the US$1.75 per share forecast by analysts. Consequently, United Airlines' stock declined by 1.5% in after-hours trading.",
  "summary": "The airline says jet fuel costs rose by US$1.8 billion in Q3 compared with the 2025 period.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Free Malaysia Today",
        "title": "United’s profit forecast dragged down by jet fuel costs",
        "url": "https://urgent.news/2026/10/21/uniteds-profit-forecast-dragged-down-by-jet-fuel-costs",
        "published": "2026-10-21T02:22:55.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}