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IATA expects a decline in global airline sector profits in 2026

June 7, 2026AL24 | الاقتصادal24news.dzTranslated from Arabic
AL24 | الاقتصاد

The International Air Transport Association (IATA) predicted today, Sunday, a decline in global airline sector profits to nearly half due to the war in the Middle East and the subsequent rise in fuel costs and disruption of key air routes. The International Air Transport Association (IATA), which represents more than 370 airlines accounting for about 85 percent of global air traffic, in its annual report, expects the sector to record a total net profit of $23 billion in 2026, significantly lower than previous estimates of about $41 billion, and a decline from the $45 billion recorded in 2025. Willie Walsh, the director general of IATA, told Reuters at the association's annual meeting in Rio de Janeiro: “...

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