Oman Air CEO says airlines can’t fully pass soaring jet fuel costs to passengers as Middle East conflict squeezes profits despite strong travel demand.

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

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…

Oman Air CEO says airlines can’t fully pass soaring jet fuel costs to passengers as Middle East conflict squeezes profits despite strong travel demand.