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Average Fuel Price
Tracks the cost of fuel per gallon, a major expense for airlines, impacting profitability and pricing strategies.Fuel moved from low/mid‑$1s in 2020 to a 2022 peak, settled near $2.5–3.0 through 2023–early‑2026, then abruptly jumped to ~$4.19/gal in June 2026 — a repeat shock that underpins United’s $340M Q1 fuel hit and wider guidance. Management is countering with capacity cuts, fare and ancillary increases and staged pass‑through targets to protect margins, but near‑term upside is limited because a meaningful share of summer inventory was sold pre‑spike and demand elasticity could blunt full recovery.
Date | Average Fuel Price |
|---|---|
Sep 30, 2026 | $3.90 |
Jun 30, 2026 | $4.19 |
Mar 31, 2026 | $2.78 |
Dec 31, 2025 | $2.49 |
Sep 30, 2025 | $2.43 |
Jun 30, 2025 | $2.34 |
Mar 31, 2025 | $2.53 |
Dec 31, 2024 | $2.40 |
Sep 30, 2024 | $2.56 |
Jun 30, 2024 | $2.76 |