• Aviation fuel prices expected to rise 70% across 2026

The annual industry meeting comes as airlines also battle a shortage of new aircraft.

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 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

Airline profits will halve to $23bn in 2026 as jet fuel jumps nearly 70%, IATA warned at its annual meeting in Rio de Janeiro hosted by LATAM.

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…

Revenues are forecast to rise strongly and passenger traffic to hit new records, yet the global airline industry is seeing profits squeezed by an Iran war-driven jet fuel price…

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…

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

RIO DE JANEIRO, June 9 — Airlines expect to carry more passengers this year but earn only half as much profit as in 2025, as high fuel prices don’t appear to be fully deterring...

• Aviation fuel prices expected to rise 70% across 2026

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

Airlines are facing a fuel price shock. U.S. carriers spent over six billion dollars on jet fuel in April, a significant jump from last year. This surge in energy costs is…