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Euronews
Euronews
Doloresz Katanich

The jet fuel shock wipes out half of the global airline industry's expected profits

Air travel demand is strong and revenues are growing across the airline industry, yet profits are expected to halve in 2026 as soaring jet fuel prices hit companies worldwide, according to the International Air Transport Association (IATA).

This is stated in the latest financial outlook of the trade body, which represents 370 airlines accounting for 85% of global air traffic.

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