The Latest Breaking News from IATA

Trade group: Jet fuel prices likely to remain elevated

Despite optimism around the US-Iran ceasefire and the reopening of the Strait of Hormuz, it will take time for jet fuel prices to return to pre-crisis levels and airfares could remain high for longer than passengers expect, says the International Air Transport Association (IATA).

Bangkok Post · Jul 1

EES at a 'critical point': Europe's aviation sector urges EU to show more flexibility

In an open letter, Europe's airports, airlines and aviation bodies have urged the European Commission to temporarily suspend the Schengen Entry/Exit System (EES) during peak periods, warning that border delays of up to five hours are disrupting passengers, flights and tourism.

Euronews · Jul 1

Rome airports threaten to suspend new EU passport system to avoid summer ‘disaster’

Airports CEO says letting non-EU passengers skip entry-exit system would be only way to avoid peak season travel chaos

The Guardian - UK · Jun 25

Airlines face extra $100bn jet fuel bill as flights cancelled worldwide

Jet fuel prices are expected to be 70 per cent higher year on year in 2026

The Independent UK · Jun 9

Air passengers ‘risking lives by grabbing bags and filming in emergencies’

Fines may be needed to deter travellers from retrieving hand luggage, says official from airlines body Iata

The Guardian - UK · Jun 9

China's C919 jet poised to tackle ageing domestic fleet

China's massive civil aviation fleet is ageing faster than planes are being replaced, threatening to saddle airlines with higher costs, but orders for home-grown C919 jets could help stem the tide, according to the head of north Asia for the International Air Transport Association (Iata).

Bangkok Post · Jun 9

US carriers spent $6. 5B on fuel in April; global profit forecast is cut nearly in half

Airlines are facing a fuel price shock. U.S. carriers spent over six billion dollars on jet fuel in April, a significant jump from last year. This surge in energy costs is impacting global airline profits. Industry experts predict profits could be cut almost in half by 2026. Airlines are responding…

The Economic Times · Jun 9

US carriers spent $6.5B on fuel in April; global profit forecast is cut nearly in half

New government data released Monday shows U.S. airlines spent nearly $6.5 billion on jet fuel in April

The Independent UK · Jun 8

The global airline industry’s profits could be cut in half as it braces for its worst year since the pandemic

Iran's grip on the Strait of Hormuz is adding $100 billion to airlines' collective fuel bill this year.

Fortune · Jun 8

Airline Profits to Plunge By Half in 2026 as Fuel Costs Surge by $100 Billion: Report

Airlines worldwide are now expected to generate a combined net profit of $23 billion in 2026, down sharply from the $45 billion earned in 2025 as jet fuel costs remain elevated.

International Business Times · Jun 8