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United Airlines Cuts Full-Year Forecast on Rising Fuel Costs
United Airlines has lowered its full-year profit forecast due to rising fuel costs exacerbated by the war in the Middle East, aligning with similar pressures faced by Delta and Alaska Air. Despite this, United reported better-than-expected first-quarter results, driven by strong demand from high-paying customers, and plans to mitigate fuel cost impact through pricing adjustments and capacity reductions. The airline CEO sees potential opportunities amid current market uncertainty, with premium products and business travel showing significant revenue growth.