United Airlines CEO: Fuel spike will hit results, but travel demand hasn't taken 'even a tiny step back'

United Airlines CEO Scott Kirby warns that skyrocketing jet fuel prices will significantly impact first-quarter results. Fuel costs surged 58% since last week due to geopolitical tensions, affecting travel plans for many.

Despite rising costs, demand remains robust. Booked revenue is up 20% year-over-year, with travelers shifting routes to avoid Middle Eastern airspace closures. Kirby states, 'Demand has not taken even a tiny step back.'

United is adapting to the crisis, booking over 1,000 passengers daily from Australia to Europe. The airline is also exploring charter flights to assist citizens stranded in the Middle East due to flight cancellations.