Airfares will take longer than expected to return to normal levels, says global airline body
This is in part due to the “very unevenly distributed” oil refining capacity across the world.
Airline Profits Halve Amid Middle East Crisis
- Airline profits expected to halve in 2026 due to 70% increase in jet fuel prices: IATA The Straits Times —
- Air France-KLM CEO on Fuel Prices and Gulf Flights Bloomberg —
- Air fare rises ‘inevitable’ as airlines face extra $100bn jet fuel bill this year The Guardian —
- Global airlines slash 2026 profit forecast on fuel shock from Iran war - Reuters Reuters —
- Air France-KLM CEO Discusses Resuming Gulf Flights 📹 Bloomberg — · 9min