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…
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…
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.
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…
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…
Global airlines slash 2026 profit forecast on fuel shock from Iran war
RIO DE JANEIRO: The global airline industry nearly halved its 2026 profit forecast on Sunday (Jun 7), 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…
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…
Exclusive: Turkish Airlines Reverses Course on Premium Economy, Targets 2028 Launch
Turkish Airlines plans to launch premium economy cabins by early 2028, reversing its longstanding position against the product. The airline will first install premium economy on new Airbus A350s, with retrofits planned for its extensive widebody…
Airlines seek six-month advance notice for recurring airspace restrictions
India's airline industry has asked the Centre to give at least six months' advance notice before imposing airspace restrictions for recurring events such as Republic Day, saying that last-minute announcements force flight schedule changes…
Airline profits to halve amid jet fuel price surge
RIO DE JANEIRO – Airline profits are predicted to take a hit in 2026 with a 70 per cent increase in jet fuel prices resulting from the war in the Middle East, said the International Air Transport Association (IATA). The combined net profit…
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