The global airline industry cut its 2026 profit forecast sharply on Sunday, by nearly a half compared to earlier estimates, citing conflict in the Middle...

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.