Middle East conflict drives oil spike, forcing fare hikes and flight cuts

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.

The global airline industry is set for a sharp downturn in profitability in 2026, with earnings almost halved compared to earlier forecasts, as the ongoing Middle East conflict…

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

Global airline profits are projected to halve in 2026, with the Middle East crisis and rising fuel costs significantly impacting the industry, IATA reports

Iata summit in Brazil hears top executives say although jet fuel shortages are unlikely industry-wide profits will halve

That also means high ticket prices will likely continue.

The global airline industry is coming to terms with higher jet fuel prices as the new normal this year and likely into 2027.

Middle East airlines are set for a $4.3 billion loss in 2026 as war disruptions, airspace closures and soaring jet fuel prices hit Gulf carriers, says IATA.

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…

Global airline industry profits are expected to halve in 2026 as the conflict in the Middle East and a sharp rise in jet fuel prices weigh heavily on carriers worldwide

Global airline profits are projected to drop 50% to $23 billion by 2026, driven by soaring fuel costs and disruptions from the ongoing Middle East conflict, says IATA.

Airlines are facing surging fuel costs from the war in the Middle East but executives say they are more concerned about taxes and regulations deemed too restrictive that could…

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...

US airline fuel costs surged 78% to nearly $6.5 billion in April as Middle East tensions drove fuel prices higher, according to USDOT data.

Guerra no Oriente Médio obrigou companhias aéreas a desviar rotas para evitar espaços aéreos fechados ou restritos, aumentando o consumo de combustível e pressionando capacidade…

IATA forecasts $350bn airline fuel bill for 2026, with profits dipping to their weakest margin since the COVID-19 years.

New government data released Monday shows U.S. airlines spent nearly $6.5 billion on jet fuel in April

• Aviation fuel prices expected to rise 70% across 2026