Airlines face a fuel‑price shock and aging fleets that threaten post‑pandemic recovery, forcing route cuts and raising costs as industry profits plunge and margins tighten across 2026.

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. …

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.

International Air Transport Association warns on jet fuel prices and route disruption