Dossier
Airline profits
Coverage of Airline profits in the Nexus archive.
- Global airline profits are set to halve this year as jet fuel costs soar, IATA warns
Global airline profits are expected to drop to $23 billion this year from $45 billion in 2025 due to a nearly $100 billion increase in jet fuel costs, as warned by IATA.
- Airline profits set to halve this year as fuel costs jump by $100 billion: IATA
Airline profits are expected to halve this year due to a $100 billion increase in fuel costs, according to IATA. IATA's Willie Walsh highlighted uncertainty about how long travelers and shippers will tolerate higher costs.
- Hassett: Energy shocks from Iran war will affect airline profits for at least a quarter
White House National Economic Council Director Kevin Hassett stated that energy shocks from the Iran war will negatively impact airline profits for at least a quarter. However, he noted that airlines are currently in a strong financial position. This follows Spirit Airlines' decision to cease operations.