United Airlines cuts 5 percent of flights on high fuel costs

United Airlines is cutting 5 percent of flights as fuel costs rise. CEO Scott Kirby says the move addresses an 11 billion dollar increase in annual expenses.

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United Airlines Holdings, Inc. is scaling back its flight operations in response to a sharp increase in energy costs. Chief Executive Scott Kirby announced on Friday that the carrier will reduce its planned flight schedule by approximately 5% in the short term, citing the impact of the ongoing conflict in the Middle East on global jet fuel prices.

A United Airlines jet prepares for arrival at Ronald Reagan Washington National Airport with the United States Capitol building visible in the distance. REUTERS/Nathan Howard
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