CEO Kirby says United to cut 5 percentage points of planned capacity this year. Kirby warns oil could rise as high as $175 a barrel. CEO says United's annual fuel bill could rise by $11 billion.

United Airlines said on Friday it would cut its scheduled flights by 5% in the second and third quarters, planning for prolonged higher oil prices after the Iran war sent jet fuel costs soaring, even ...

CHICAGO, March 20 (Reuters) - United Airlines (UAL.O), opens new tab is cutting more unprofitable flights over the next two quarters as it prepares for a prolonged period of high jet fuel prices due ...