The global airline industry nearly halved its 2026 profit forecast on Sunday, citing conflict in the Middle East that has driven up fuel costs, disrupted key air corridors and exposed the fragility of a sector operating on thin margins.

Soaring jet fuel prices due to Middle East conflict are pushing budget airlines towards bankruptcy and industry consolidation, according to the head of the global airline body. …

Rising jet fuel costs could trigger more airline bankruptcies and mergers, especially among struggling budget carriers.

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.