Middle East crisis, fuel costs to halve airline profits in 2026 — IATA

Punchng | 08-06-2026 06:06am |

The International Air Transport Association (IATA) has reported that global airline profits are expected to decrease by 50% in 2026. This decline is attributed to the ongoing crisis in the Middle East, alongside escalating fuel costs that are placing considerable financial strain on the aviation sector. The IATA's analysis highlights the significant challenges airlines face in maintaining profitability amid these adverse conditions.

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