Global airlines slash 2026 profit forecast on fuel shock from Iran war - Reuters
Global airlines slash 2026 profit forecast on fuel shock from Iran war Reuters
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"There are two major factors: one is the significant increase in jet fuel prices, which has gone way higher than I think anybody would have expected, and then the disruption to the airlines in the Gulf region; so that combination has led us to reduce the forecast."
— Willie Walsh , Executive
"There are two major factors: one is the significant increase in jet fuel prices, which has gone way higher than I think anybody would have expected, and then the disruption to the airlines in the Gulf region, so that combination has led us to reduce the forecast."
— Willie Walsh , Executive
"In an environment where demand remains pretty robust, but capacity comes down, that will likely lead to a situation where fares will remain elevated."
— Willie Walsh , Executive
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<a href="https://news.google.com/rss/articles/CBMiwwFBVV95cUxQenE5amZ2NmVSM2gzMXBWVjczMDdsZnRreUZObWlzUGJ2YVpBeU45cTNOdmt2Z1lOc1MtcmZqV2JSZ1RwaktBUzYyTDcwZVRjYnhiWk9xX2hQc3QxMUJ3NjVacWF2MTdwZ2hfOFozZEh3NzdyQWpza2xGRVNIYzAxV3hKaTJlM2dmTGxUdWRuR1RuaS1od2pWcEFpRXh6Tk5FV2lycE1Na2FaSjFlNlVGRDF6dEVfa09iZHN5dDhGTDFrSWM?oc=5" target="_blank">Global airlines slash 2026 profit forecast on fuel shock from Iran war</a> <font color="#6f6f6f">Reuters</font>
The International Air Transport Association (IATA) has reduced its 2026 profit forecast to $23 billion, down from $41 billion, citing increased fuel costs and disrupted air corridors due to the Middle East conflict.
The global airline industry has significantly lowered its 2026 profit forecast to $23 billion, down from $41 billion, due to rising fuel costs and disruptions from the Iran war.
IATA expects the airline industry to post combined earnings of $23 billion this year, down from $45 billion in 2025, citing the Middle East conflict's impact on fuel costs and air corridors.
IATA now expects the industry to post a combined net profit of $23 billion in 2026, down from a previous projection of $41 billion, due to the Middle East conflict affecting fuel costs and air corridors.
IATA now expects the airline industry to post a combined net profit of $23 billion in 2026, down from a previous projection of $41 billion, due to the Middle East conflict affecting fuel costs and air corridors.
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