United Airlines CEO warns of 15-20% fare hikes

United Airlines CEO Scott Kirby has warned that airfares may need to increase by 15-20% to offset the surging cost of jet fuel. The statement, reported by Reuters, highlights the direct impact of global energy price spikes on consumer travel costs. This follows similar industry pressures, such as Lufthansa's recent announcement of major route cuts due to fuel prices. The warning signals potential broad inflation in air travel as carriers pass on higher operational expenses to passengers.