United Airlines is raising fares by as much as 20% this summer.
The company reported a first-quarter profit Tuesday, saying strong demand and growth in premium, loyalty and business travel helped offset higher fuel costs.
“These are results our employees can be proud of, and they show the resilience of our long-term strategy, even in the face of escalating fuel expense,” CEO Scott Kirby said. “Our strong financial position and success in winning brand-loyal customers enabled United to quickly make tactical adjustments to higher fuel prices while maintaining our long-term focus.”
Kirby said jet fuel costs have increased significantly and United needs to pass some of that expense on to customers. United said fuel expense increased by $340 million compared with the first quarter of 2025.
The airline said it has already begun adjusting its schedule for the rest of 2026 to account for higher fuel prices, including a planned reduction in capacity.
Kirby also said uncertainty in the airline industry could create opportunities for United.
“We’ll stay nimble in the short term while continuing to grow the airline and invest in our customers, product and people,” he said.
United said total operating revenue rose 10.6% from a year earlier, and the quarter was its highest-revenue first quarter ever.