Iran's grip on the Strait of Hormuz is adding $100 billion to airlines' collective fuel bill this year.

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.

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