The global airline industry is going through turbulence.
An energy shock set off by the latest conflict in the Middle East has unleashed what industry leaders estimate will be a staggering $100 billion increase in jet fuel costs.
Such a bill is threatening to derail the sector's fragile post-pandemic recovery.
As fuel prices surge and operating costs climb, profitability nose-dives at an alarming rate.
According to the International Air Transport Association (IATA), industry-wide net profits are expected to plunge from roughly $43–45 billion in 2025 to just $23 billion in 2026.
