Keep pulling the thread on Scott Kirby.
A shortage of aircraft engines is predicted to be the primary constraint on global aircraft supply for the next decade.
Approximately 900 aircraft globally are currently grounded due to a lack of available, operational engines.
United Airlines is likely to abstain from industry consolidation because it lacks a willing partner for a large, transformative merger.
United Airlines is planning its business operations based on the assumption that oil prices will remain in the $90 to $110 per barrel range for the indefinite future.
Demand for air travel related to the United States is currently strong.
80% of United Airlines' traffic, including international flights, originates from a U.S. point of sale.
Asia has been the region most negatively impacted by high oil prices and refinery issues.
United Airlines has raised its prices by approximately 20% and increased capacity by about 5%.
Although United Airlines' fares have increased by 20%, they remain lower in real terms than they were in 2019.
United Airlines has not observed any noticeable weakening in demand across any of its cabin classes.
United Airlines expects to complete the installation of Starlink in-flight Wi-Fi across its entire fleet by next year.
Scott Kirby believes that while Boeing and Airbus are improving their aircraft production rates, the lack of engines will result in them producing airframes without engines.