United Airlines CEO Warns of Potential Surge in Oil Prices

United Airlines Chief Executive Officer Scott Kirby has issued a warning about the possibility of oil prices reaching $175 per barrel, which could significantly increase jet-fuel costs. Bloomberg posted on X, highlighting Kirby's concerns about the impact of rising oil prices on the airline industry. The potential surge in fuel costs could lead to higher operational expenses for airlines, affecting ticket prices and profitability. Kirby's statement underscores the volatility in the energy market and its implications for the aviation sector. As airlines navigate these challenges, the focus remains on managing costs and maintaining service quality amid fluctuating fuel prices.