Airline Industry News
A collection of Airline latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Watch IATA Director Walsh Says the Airline Industry Is Not in a Crisis
IATA Director Walsh Says the Airline Industry Is Not in a Crisis The International Air Transport Association (IATA) Director Willie Walsh says the air transport industry faces challenges, but is not in a crisis. He tells Bloomberg's Guy Johnson…
Airline industry chiefs say 2050 net zero goal now unlikely
The aviation industry's landmark pledges to be net zero by 2050 will probably not now be achieved, airline leaders have admitted. The collective goal to eliminate net carbon emissions was declared by global airlines only five years ago in 2021…
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…
Ryanair, TUI, Jet2 and easyJet flight price latest as $100bn jet fuel bill to hit airline industry
Multiple major airlines have promised Brits there won't be any surprise price increases, amid concerns about a looming jet fuel crisis. Global trade has been upended since the US-Israeli decision to launch a series of strikes on Iran at the end of…
Airline fuel costs jump 78 percent in past year amid war with Iran
As the war in Iran passes the 100-day mark, the cost for America's airline industry is mounting. On Friday, a report from the Bureau of Transportation Statistics (BTS) stated that U.S. airlines paid nearly $6.5 billion in fuel costs in April. That…
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…
FedEx, China Southern Airlines to explore cargo cooperation
FedEx Corp. and the air cargo arm of China Southern Airlines last week agreed to strategically collaborate on ways to improve the efficiency and service capabilities of their air logistics networks by leveraging each company's respective advantages…
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 CEO brushes off airline mergers after American rejection: 'There's nothing
United Airlines CEO Scott Kirby dismissed the potential for airline consolidation after American rebuffed a potential merger earlier this year. Allegiant and Sun Country merged this year and Alaska Airlines and Hawaiian Airlines combined in 2024.
Airline profits set to halve this year as fuel costs jump by $100 billion: IATA
The International Air Transport Association expects global airline profitability to halve in 2026. The agency said that surging fuel costs are adding a collective $100 billion to airlines' fuel bills. European carriers hit by additional jet fuel…
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…
The 11 airlines collapsed with holidays cancelled for passengers in 2026
Eleven airlines have gone into administration, leaving tourists and holidaymakers with cancelled trips. Following Christmas, a succession of carriers were severely impacted by macroeconomic pressures, including the Iran and US conflict which…
Middle East Airlines Face $4.3 Billion Loss - the Only Region in the Red
Middle East airlines are expected to incur a $4.3 billion loss in 2026 due to war-related disruptions, declining demand, and soaring fuel costs. The region is the only one globally forecasted to post losses, while all other regions are projected to…
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