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Middle East disruptions cut airline industry profits in half
The global airline industry’s profitability has been cut roughly in half due to war-related disruptions in the Middle East and higher fuel prices, according to the latest financial outlook released by the International Air Transport Association (IATA).
Windhoek Observer9 Jun 2026, 04:15 am
Staff Writer
The global airline industry’s profitability has been cut roughly in half due to war-related disruptions in the Middle East and higher fuel prices, according to the latest financial outlook released by the International Air Transport Association (IATA).
The industry is now expected to generate a combined net profit of US$23.0 billion in 2026, down from a previous projection of US$41 billion and almost half of the estimated US$45 billion recorded in 2025.
Originally published by Windhoek Observer on 9 Jun 2026, 04:15 am. View original article