Tag: airlines
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Iran war fuel shock wipes out half of airline profits in 2026
Revenues are forecast to rise strongly and passenger traffic to hit new records, yet the global airline industry is seeing profits squeezed by an Iran war-driven jet fuel price shock, according to the industry’s latest outlook.
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Airline profits set to halve this year as fuel costs jump by $100 billion: IATA
“The big unknown is how long travelers and shippers can tolerate the higher costs,” IATA’s Willie Walsh said.
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‘Bring ’em on’: Most profitable airline Delta wants United’s crown over the Pacific, too
Delta’s president, Peter Carter, told CNBC that the carrier wants to take United on over the Pacific.
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Boeing to start 737 Max production on new assembly line July 6, CEO says
The new 737 Max final assembly line in Everett, Washington, will serve as a catalyst for increasing Max production to 52 jets per month.
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