CEO Scott Kirby Expects Flight Cuts as Oil Could Rise to $175 a Barrel United Airlines is bracing for an $11 billion increase to its annual fuel bill as the growing conflict with Iran pushes oil price predictions up to nearly $175 per barrel. That price means flight cuts are in order, a trend that will likely carry on across the board despite strong travel demand.

CEO Scott Kirby Expects Flight Cuts as Oil Could Rise to $175 a Barrel United Airlines is bracing for an $11 billion increase to its annual fuel bill as the growing conflict with Iran pushes oil price predictions up to nearly $175 per barrel. That price means flight cuts are in order, a trend that will likely carry on across the board despite strong travel demand.