Keep pulling the thread on Scott Kirby.
United Airlines expects to complete the installation of Starlink internet service across its entire fleet by next year.
Scott Kirby predicts that a shortage of aircraft engines will be the primary constraint on global aircraft supply for approximately the next decade.
Approximately 900 aircraft globally are currently grounded due to a lack of available, operational engines.
Scott Kirby states that United Airlines is likely to abstain from major industry consolidation because it has not found a willing partner for a 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.
Scott Kirby believes it is unlikely that the Strait of Hormuz will be reliably and sustainably open for shipping in the near future due to geopolitical dynamics.
Scott Kirby predicts that United Airlines, Delta Air Lines, and Southwest Airlines will all be solidly profitable this year.
Demand for air travel related to the United States is currently strong.
80% of United Airlines' international traffic originates from a U.S. point of sale.
Asia is the region experiencing the most significant negative impact on air travel from high oil prices and refinery issues.
United Airlines has recently raised prices by approximately 20% and increased capacity by about 5%.
Despite a 20% nominal increase, United Airlines' fares are lower in real terms than they were in 2019.