Airlines expect to carry more passengers this year but earn only half as much profit as in 2025, as high fuel prices don't appear to be fully deterring travel, according to new projections.

The global airline industry has significantly lowered its 2026 profit forecast due to rising fuel costs and disruptions from the Iran war. Airlines are now expected to earn $23…

IATA reduces 2026 airline profit forecast to $23 billion due to rising fuel costs and geopolitical instability.