United Airlines cut its 2026 earnings forecast as rising jet fuel prices, driven by the Iran conflict, increase operating costs.

The airline now expects adjusted earnings of $7 to $11 per share, down sharply from its earlier $12 to $14 outlook.

It also lowered its second-quarter profit guidance and warned that higher fuel costs will significantly weigh on results.

United is reducing planned flight capacity and adjusting schedules to offset expenses, while expecting partial recovery of fuel cost increases later in the year, CNBC has reported.

Analysts say the revisions reflect broader industry pressure from volatile energy prices linked to global tensions.