Airline Industry News
A collection of Airline latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
More traffic, but halved profits for airlines in 2026: Industry forecast
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 travel, according to projections published Sunday. The International Air Transport Association…
Watch United Airlines CEO Discusses Industry Challenges
United Airlines CEO Discusses Industry Challenges At The International Air Transport Association in Rio De Janeiro, United Airlines CEO Scott Kirby discussed with Co-host of Bloomberg Surveillance Lisa Abramowicz the current challenges facing the…
Global airlines slash 2026 profit forecast on fuel shock from Iran war
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 exposed the fragility of a sector operating on thin margins. The…
More traffic, but halved profits for airlines in 2026: Industry forecast
The International Air Transport Association (IATA) predicted its 370 member airlines, which account for 85 percent of global air traffic, will carry 5.1 billion passengers this year. That is up 2.4 percent from 2025, when passenger traffic was…
More Carriers Expected to Follow in Spirit's Footsteps as Fuel Crisis Slashes Airline Profits in Half
Airline profits are going to be slashed in half this year because of the jet fuel shortage driven by the war between Iran and the United States, according to the latest projections by the International Air Transport Association (IATA), the global…
Airline Group Forecasts Sharp Profit Drop as Fuel Prices Surge
The global airline industry will suffer a sharp profit drop this year, bringing in only about half the collective earnings previously predicted, as fuel costs and the war in Iran take their toll on air travel, the main aviation federation said.
Latam Airlines Says Demand Remains Strong Despite Fuel Volatility
Latam Airlines Group SA said demand for air travel across its markets is holding up despite geopolitical tensions that made fuel prices rise and the carrier join others in raising fares. “The demand environment continues to be very…
United Airlines CEO Says Affluent Passengers Are Still Spending
United Airlines Holdings Inc. Chief Executive Officer Scott Kirby said affluent travelers continue to spend on air travel despite a sharp rise in fares, supporting his confidence that demand for premium products can withstand higher prices. Air…
United Airlines CEO Rips Into Rolls-Royce for Lack of Support
United Airlines Chief Executive Officer Scott Kirby tore into engine supplier Rolls-Royce Holdings Plc at an annual gathering of industry executives, blasting the UK company for what he called a lack of support as the two companies tussle over a…
Air fare rises 'inevitable' as airlines face extra $100bn jet fuel bill this year
Airlines will have to spend an extra $100bn on jet fuel this year, with fares “inevitably” rising to cover the bill after the war with Iran choked off oil supplies. With jet fuel prices expected to be 70% higher across 2026, airlines…
Etihad Gets Earlier Slots for Jets as Other Airlines Drop Orders
Etihad Airways, the national carrier of the United Arab Emirates, said it's able to secure earlier delivery slots for some new aircraft purchases from Boeing Co. and Airbus SE as other airlines drop orders. “We're ordering planes right now…
Airlines See Gains Wearing Off From Persian Gulf Rivals' Absence
European carriers that benefited from the temporary absence of their formidable Middle Eastern rivals in recent months are preparing for their ensuing booking boom to fade again as the Gulf carriers begin staging a comeback. “It's something…
American Airlines reportedly pauses 6 domestic routes amid fuel price pressure tied to Iran conflict
American Airlines is temporarily suspending six domestic routes this summer as elevated fuel costs linked to the Iran conflict continue to pressure carriers across the airline industry. The major air carrier said the affected routes will be paused…
UK airline plunges into administration - all flights cancelled
Bournemouth based European Cargo has collapsed into administration A Dorset-based airline has collapsed into administration, leaving 178 people jobless. Citing rising fuel costs and reduced flying activity, Bournemouth- based European Cargo Limited…
United Airlines CEO says big merger unlikely after American rebuff, asset buys possible
United Airlines remains open to buying airport slots, gates or other assets if higher fuel prices put weaker rivals under pressure, but it is unlikely to pursue a major consolidation deal after its failed overture to American Airlines, Chief…
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