Q2
UAL — Q2 2026 Financial Report Analysis
United grew Q2 2026 revenue 16.0% to $17.7bn on double-digit fare gains, but a 79.4% jump in jet fuel prices added $2.3bn of cost and pushed operating margin down to 6.2% from 8.7%, with a $145m special credit and $351m of sale-leaseback gains masking an even weaker underlying quarter.