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Airlines Slash Profit Forecasts Due to Middle East Conflict and Fuel Costs
WorldFTThe Guardianyle-uutiset+12le-figarodie-pressenational-postobservadorTimes of Indiaiefimeridachannel-news-asia20-minuten+4 more2mo ago15 sources

Airlines Slash Profit Forecasts Due to Middle East Conflict and Fuel Costs

Global airlines have significantly cut their profit forecasts for 2026, citing the impact of the Middle East conflict and soaring jet fuel prices. The International Air Transport Association (IATA) predicts that airline profits could be halved this year despite an increase in passenger numbers.

Airlines Cut Millions of Seats Amid Growing Fuel Concerns
Worldtvn243mo ago

Airlines Cut Millions of Seats Amid Growing Fuel Concerns

Global airlines have reduced approximately two million seats from their May flight schedules due to rising concerns about fuel availability and costs. This reduction, reported by the Financial Times, indicates a significant impact on the aviation industry.

Global Airlines Face Flight Cancellations Amid Jet Fuel Crisis
BusinessReutersBBCbloomberg+42The GuardianNPRAl Jazeeracbccnbchelsingin-sanomatberlingskeFrance 24+34 more3mo ago45 sources

Global Airlines Face Flight Cancellations Amid Jet Fuel Crisis

Airlines worldwide are experiencing widespread flight cancellations and significant financial losses due to a severe jet fuel crisis, with some carriers adjusting operations and fuel sourcing in response. The crisis is impacting various regions, including Europe and the UK.

SAS Cancels Flights Due to High Fuel Prices
Businessdr-dknzzruv+13berlingskevgdigi24n1-serbiapolitikenhotnewsluxemburger-wortdanas+5 more5mo ago16 sources

SAS Cancels Flights Due to High Fuel Prices

SAS has announced the cancellation of several flights, primarily domestic routes in Norway, but also other routes, citing high fuel prices as the reason.

Flights disrupted across region after U.S.-Israeli strikes on Iran
Worldndtvdoha-news5mo ago2 sources

Flights disrupted across region after U.S.-Israeli strikes on Iran

Multiple flights across the Middle East have been disrupted after U.S. and Israeli strikes on Iran triggered widespread airspace closures. Multiple flights across the Middle East were disrupted on Saturday… (The post Flights disrupted across region after U.S.-Israeli strikes on Iran is from Doha News | Qatar.)

Global Airlines Slash Profit Forecasts Amid Iran's Missile Barrage on Israel
Worldexpress-tribune2mo ago

Global Airlines Slash Profit Forecasts Amid Iran's Missile Barrage on Israel

Global airlines have significantly cut their 2026 profit forecasts, citing a fuel price shock caused by the Iran war, and are expected to reduce unprofitable routes while fares, which have surged, are unlikely to fall soon. This comes as Iran's IRGC confirmed missile strikes on Israel as a warning over airstrikes in Lebanon.

Global Airlines Grapple With Soaring Jet Fuel Costs
WorldBBCFTAl Jazeera+8cnbcle-figaroThe Independentindex-hrjutarnji-listdanasnaftemporikipunch-ng3mo ago11 sources

Global Airlines Grapple With Soaring Jet Fuel Costs

Airlines worldwide are facing significant challenges due to rising jet fuel prices, with US carriers seeing doubled fuel bills and Croatia Airlines canceling hundreds of flights. Governments are also addressing concerns about potential kerosene shortages.

IMF Cuts Global Growth Forecast, Warns of Recession Risk Amid Mideast War
CultureAPReutersBBC+133bloombergNYTwsjFTle-mondewapoThe GuardianNPR+125 more4mo ago136 sources

IMF Cuts Global Growth Forecast, Warns of Recession Risk Amid Mideast War

The International Monetary Fund has lowered its global growth forecast and issued a warning about a potential worldwide recession. This outlook is largely attributed to the escalating conflict in the Middle East and its impact on energy markets.

Airspace closed, thousands of flights disrupted amid U.S.-Iran conflict
BusinessSCMPrzeczpospolitamorgunbladid+13n1-serbiasydney-morning-heraldhinduhotnewsTimes of Indiaindian-expressthe-journalJakarta Post+5 more5mo ago16 sources

Airspace closed, thousands of flights disrupted amid U.S.-Iran conflict

Key transit airports, including Dubai and Abu Dhabi in ‌the UAE, and Doha in Qatar, were shut or severely restricted as much of the region’s airspace remained closed