IATA director general says China’s aviation industry remains one of the few to fully repair its balance sheet after the pandemic, leaving carriers exposed to higher costs from the U.S.-Iran war
Surging jet fuel costs threaten Chinese airline profitability as pandemic recovery stalls and domestic competition intensifies. Carriers accelerate logistics and supply chain automation to control costs amid tighter enterprise IT budgets.
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Even before the recent surge in fuel prices, Chinese airlines had been struggling with profitability amid a sluggish recovery in international travel and growing competition from high-speed rail. Photo: VCG
China's carriers face sky-high jet fuel, lack of hedging strategies, and a customer base that can easily pivot to cheaper…
Iata summit in Brazil hears top executives say although jet fuel shortages are unlikely industry-wide profits will halve
Rising jet fuel costs could trigger more airline bankruptcies and mergers, especially among struggling budget carriers.
IATA forecasts $350bn airline fuel bill for 2026, with profits dipping to their weakest margin since the COVID-19 years.
The global airline industry nearly halved its 2026 profit forecast on Sunday, citing conflict in the Middle East that has driven…
Global airlines sounded the alarm over soaring jet fuel prices triggered by the U.S.-Israeli war against Iran.
