Business

Airline Profits Plunge as Fuel Costs Soar

Updated 2026-06-08 19:00 UTC 1 source Negative

Airline profits are plummeting due to nearly doubled US fuel costs, with the International Air Transport Association (IATA) forecasting a $350bn fuel bill for 2026.

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Al Jazeera
IATA forecasts $350bn airline fuel bill for 2026, with profits dipping to their weakest margin since the COVID-19 years.
2026-06-08 18:29 UTC
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