United Airlines CEO Warns Customers Should Expect Higher Fares

United Airlines planes are parked at George Bush Intercontinental Airport in Houston, Texas, on March 25, 2020. David J. Phillip/AP

United Airlines CEO Scott Kirby warned Wednesday that a sharp increase in jet fuel prices will drive up airfares amid an increase in oil prices.

“Higher jet-fuel prices lead to higher ticket prices,” Kirby told CNBC. “Ultimately, we’ll pass that through.”