{"id":1979623,"date":"2026-06-08T10:45:57","date_gmt":"2026-06-08T07:45:57","guid":{"rendered":"https:\/\/analyse.optim.biz\/?p=1979623"},"modified":"2026-06-08T10:45:57","modified_gmt":"2026-06-08T07:45:57","slug":"the-jet-fuel-shock-wipes-out-half-of-the-global-airline-industrys-expected-profits","status":"publish","type":"post","link":"https:\/\/analyse.optim.biz\/?p=1979623","title":{"rendered":"The jet fuel shock wipes out half of the global airline industry&#8217;s expected profits"},"content":{"rendered":"<p>[analyse_image type=&#8221;featured&#8221; src=&#8221;https:\/\/images.euronews.com\/articles\/stories\/09\/78\/90\/14\/1200x675_cmsv2_fa155b9f-1af5-5eb9-ada5-bbf4fcd8ac4f-9789014.jpg&#8221;]<\/p>\n<article id=\"abe-2900194-pos1-c-latest-stories\" class=\"the-media-object m-modeMobile-1 m-modeDesktop-1 m-modeXL-1\" data-nid=\"2900194\" data-cid=\"9789779\" data-part-label=\"Partner content\">\n<figure id=\"abe-2900194-label-pos1-c-latest-stories\" class=\"the-media-object__figure\"><img decoding=\"async\" class=\"the-media-object__image\" src=\"https:\/\/images.euronews.com\/articles\/stories\/09\/78\/94\/75\/189x106_cmsv2_45a8f53c-fa8c-537f-bad6-a0052aaeacc9-9789475.jpg\" loading=\"lazy\" alt=\"Containers are stacked at the Port 2000 terminal in the port of Le Havre.\" height=\"9\" width=\"16\"><\/figure>\n<div class=\"the-media-object__content\">\n                    Business<\/p>\n<div class=\"the-media-object__title  \">\n<p>    Le Havre: 38,000 pairs of fake trainers smashed to pieces\n  <\/p><\/div>\n<\/div>\n<\/article>\n<article id=\"abe-2900196-pos2-c-latest-stories\" class=\"the-media-object m-modeMobile-1 m-modeDesktop-1 m-modeXL-1\" data-nid=\"2900196\" data-cid=\"9789477\" data-part-label=\"Partner content\">\n<figure id=\"abe-2900196-label-pos2-c-latest-stories\" class=\"the-media-object__figure\"><img decoding=\"async\" class=\"the-media-object__image\" src=\"https:\/\/images.euronews.com\/articles\/stories\/09\/78\/94\/77\/189x106_cmsv2_f0935062-b3ed-5372-8a6c-d317d98cc38b-9789477.jpg\" loading=\"lazy\" alt=\"The government plans to change the island, a former military area for decades, into an attraction to boost tourism. 14 April, 2015. \" height=\"9\" width=\"16\"><\/figure>\n<div class=\"the-media-object__content\">\n                    Europe News<\/p>\n<div class=\"the-media-object__title  \">\n<p>    What is &#8216;Kushner Island&#8217; and why are Albanians protesting about it?\n  <\/p><\/div>\n<\/div>\n<\/article>\n<article id=\"abe-2900058-pos3-c-latest-stories\" class=\"the-media-object m-modeMobile-1 m-modeDesktop-1 m-modeXL-1 the-media-object--has-video\" data-nid=\"2900058\" data-cid=\"9788756\" data-part-label=\"Partner content\">\n<figure id=\"abe-2900058-label-pos3-c-latest-stories\" class=\"the-media-object__figure\"><img decoding=\"async\" class=\"the-media-object__image\" src=\"https:\/\/images.euronews.com\/articles\/stories\/09\/78\/87\/56\/189x106_cmsv2_40feed06-5cc9-5aae-88be-df1c7d8cf187-9788756.jpg\" loading=\"lazy\" alt=\"Saatchi Gallery looks to the skies in ambitious new exhibition on the Sun and Moon\" height=\"9\" width=\"16\"><\/figure>\n<div class=\"the-media-object__content\">\n                    Art<\/p>\n<div class=\"the-media-object__title  \">\n<p>    Saatchi Gallery&#8217;s ambitious new summer show turns its gaze to the sky\n  <\/p><\/div>\n<\/div>\n<\/article>\n<article id=\"abe-2900213-pos4-c-latest-stories\" class=\"the-media-object m-modeMobile-1 m-modeDesktop-1 m-modeXL-1\" data-nid=\"2900213\" data-cid=\"9789592\" data-part-label=\"Partner content\">\n<figure id=\"abe-2900213-label-pos4-c-latest-stories\" class=\"the-media-object__figure\"><img decoding=\"async\" class=\"the-media-object__image\" src=\"https:\/\/images.euronews.com\/articles\/stories\/09\/78\/95\/92\/189x106_cmsv2_954eaaf0-7619-5e05-bd88-b357203e6e64-9789592.jpg\" loading=\"lazy\" alt=\"a soldier reacts as an MRLS BM-21 &quot;Grad&quot; fires at the Russian positions near Kostiantynivka, Donetsk region, Ukraine, June 4, 2026.\" height=\"9\" width=\"16\"><\/figure>\n<div class=\"the-media-object__content\">\n                    Europe News<\/p>\n<div class=\"the-media-object__title  \">\n<p>    Soldiers, not talks will decide Russia&#8217;s war in Ukraine, Lavrov says\n  <\/p><\/div>\n<\/div>\n<\/article>\n<article id=\"abe-2900194-pos1-c-latest-stories-sidebar\" class=\"the-media-object m-modeMobile-2 m-modeDesktop-2 m-modeXL-2\" data-nid=\"2900194\" data-cid=\"9789779\" data-part-label=\"Partner content\">\n<figure id=\"abe-2900194-label-pos1-c-latest-stories-sidebar\" class=\"the-media-object__figure\"><img decoding=\"async\" class=\"the-media-object__image\" src=\"https:\/\/images.euronews.com\/articles\/stories\/09\/78\/94\/75\/189x106_cmsv2_45a8f53c-fa8c-537f-bad6-a0052aaeacc9-9789475.jpg\" loading=\"lazy\" alt=\"Containers are stacked at the Port 2000 terminal in the port of Le Havre.\" height=\"9\" width=\"16\"><\/figure>\n<div class=\"the-media-object__content\">\n                    Business<\/p>\n<div class=\"the-media-object__title  \">\n<p>    Le Havre: 38,000 pairs of fake trainers smashed to pieces\n  <\/p><\/div>\n<\/div>\n<\/article>\n<article id=\"abe-2900196-pos2-c-latest-stories-sidebar\" class=\"the-media-object m-modeMobile-2 m-modeDesktop-2 m-modeXL-2\" data-nid=\"2900196\" data-cid=\"9789477\" data-part-label=\"Partner content\">\n<figure id=\"abe-2900196-label-pos2-c-latest-stories-sidebar\" class=\"the-media-object__figure\"><img decoding=\"async\" class=\"the-media-object__image\" src=\"https:\/\/images.euronews.com\/articles\/stories\/09\/78\/94\/77\/189x106_cmsv2_f0935062-b3ed-5372-8a6c-d317d98cc38b-9789477.jpg\" loading=\"lazy\" alt=\"The government plans to change the island, a former military area for decades, into an attraction to boost tourism. 14 April, 2015. \" height=\"9\" width=\"16\"><\/figure>\n<div class=\"the-media-object__content\">\n                    Europe News<\/p>\n<div class=\"the-media-object__title  \">\n<p>    What is &#8216;Kushner Island&#8217; and why are Albanians protesting about it?\n  <\/p><\/div>\n<\/div>\n<\/article>\n<article id=\"abe-2900058-pos3-c-latest-stories-sidebar\" class=\"the-media-object m-modeMobile-2 m-modeDesktop-2 m-modeXL-2 the-media-object--has-video\" data-nid=\"2900058\" data-cid=\"9788756\" data-part-label=\"Partner content\">\n<figure id=\"abe-2900058-label-pos3-c-latest-stories-sidebar\" class=\"the-media-object__figure\"><img decoding=\"async\" class=\"the-media-object__image\" src=\"https:\/\/images.euronews.com\/articles\/stories\/09\/78\/87\/56\/189x106_cmsv2_40feed06-5cc9-5aae-88be-df1c7d8cf187-9788756.jpg\" loading=\"lazy\" alt=\"Saatchi Gallery looks to the skies in ambitious new exhibition on the Sun and Moon\" height=\"9\" width=\"16\"><\/figure>\n<div class=\"the-media-object__content\">\n                    Art<\/p>\n<div class=\"the-media-object__title  \">\n<p>    Saatchi Gallery&#8217;s ambitious new summer show turns its gaze to the sky\n  <\/p><\/div>\n<\/div>\n<\/article>\n<article id=\"abe-2900213-pos4-c-latest-stories-sidebar\" class=\"the-media-object m-modeMobile-2 m-modeDesktop-2 m-modeXL-2\" data-nid=\"2900213\" data-cid=\"9789592\" data-part-label=\"Partner content\">\n<figure id=\"abe-2900213-label-pos4-c-latest-stories-sidebar\" class=\"the-media-object__figure\"><img decoding=\"async\" class=\"the-media-object__image\" src=\"https:\/\/images.euronews.com\/articles\/stories\/09\/78\/95\/92\/189x106_cmsv2_954eaaf0-7619-5e05-bd88-b357203e6e64-9789592.jpg\" loading=\"lazy\" alt=\"a soldier reacts as an MRLS BM-21 &quot;Grad&quot; fires at the Russian positions near Kostiantynivka, Donetsk region, Ukraine, June 4, 2026.\" height=\"9\" width=\"16\"><\/figure>\n<div class=\"the-media-object__content\">\n                    Europe News<\/p>\n<div class=\"the-media-object__title  \">\n<p>    Soldiers, not talks will decide Russia&#8217;s war in Ukraine, Lavrov says\n  <\/p><\/div>\n<\/div>\n<\/article>\n<article class=\"helper-site-row o-article-newsy\">\n<div class=\"helper-site-container o-article-newsy__container\">\n<div class=\"o-article-newsy__main\">\n<header class=\"h-grid o-article-newsy__main__header\">\n<nav aria-label=\"Breadcrumbs\" class=\"c-article-breadcrumbs\">\n<div id=\"adb-article-breadcrumb\" class=\"c-article-breadcrumbs__list\">\n<p>                          Business<\/p>\n<p>                          Business<\/p><\/div>\n<\/nav>\n<h1 class=\"c-article-redesign-title\">\n                            The jet fuel shock wipes out half of the global airline industry&#8217;s expected profits<\/h1>\n<div class=\"c-article-image-video u-position-relative \">\n<div class=\"js-superdiv u-aspect-ratio-16x9 u-position-relative \" data-sponsored=\"Partner content\"><img fetchpriority=\"high\" decoding=\"async\" class=\"js-poster-img c-article-media__img\" src=\"https:\/\/images.euronews.com\/articles\/stories\/09\/78\/90\/14\/1536x864_cmsv2_fa155b9f-1af5-5eb9-ada5-bbf4fcd8ac4f-9789014.jpg\" width=\"1536\" height=\"864\" loading=\"eager\" alt=\"FILE - In this Monday, 20 April 2020 file photo Boeing 747 aircrafts of German Lufthansa are parked at the airport in Frankfurt, Germany.\"><\/div>\n<div class=\"c-article-caption u-position-absolute\"><i id=\"article-caption-content\" class=\"c-article-caption__content\"><span class=\"c-article-caption__text\"><br \/>\n              FILE &#8211; In this Monday, 20 April 2020 file photo Boeing 747 aircrafts of German Lufthansa are parked at the airport in Frankfurt, Germany.<br \/>\n                    <span class=\"u-color-white\">&#8211;\u00a0<\/span><span class=\"c-article-caption__copyright\">Copyright\u00a0<\/span><span class=\"c-article-caption__credit\">AP Photo\/Michael Probst, file<\/span><\/span><\/i><\/div>\n<div class=\"c-article-image-copyright c-article-image-copyright--novideo\">\n      Copyright\u00a0AP Photo\/Michael Probst, file\n  <\/div>\n<\/div>\n<\/header>\n<div class=\"h-grid o-article-newsy__main__body u-article-content\">\n<div class=\"o-article-newsy__contributors-publication-date\">\n<div class=\"c-article-contributors\">\n  By&amp;nbspDoloresz Katanich\n<\/div>\n<div class=\"c-article-publication-date\" data-timestamp=\"1780915557\">\n                    Published on                 <time datetime=\"2026-06-08 12:45:57 +02:00\">08\/06\/2026 &#8211; 12:45 GMT+2<\/time><span class=\"c-article-publication-date__bullet\">\u2022<\/span>Updated<br \/>\n                                     <time datetime=\"13:55\">13:55<\/time><\/div>\n<\/div>\n<div class=\"c-article-partage-commentaire u-align-items-center u-display-flex\"><span class=\"c-article-partage-commentaire__links u-align-items-center u-display-flex u-justify-content-center js-c-article-partage-commentaire-share\"><span>Share<\/span><\/span><span>Comments<\/span><\/div>\n<div class=\"c-article-partage-commentaire-popup-overlay js-c-article-partage-commentaire-popup-overlay u-display-none\">\n<div id=\"js-c-article-partage-commentaire-popup\" class=\"c-article-partage-commentaire-popup js-c-article-partage-commentaire-popup\">\n<div class=\"c-article-partage-commentaire-popup__header u-display-flex\"><span>Share<\/span><img decoding=\"async\" src=\"https:\/\/static.euronews.com\/website\/images\/vector\/icon-close.svg\" width=\"24\" height=\"24\" alt=\"Close Button\" class=\"u-cursor-pointer js-c-article-partage-commentaire-close\" loading=\"lazy\"><\/div>\n<div class=\"c-article-partage-commentaire-popup__content u-display-flex\">\n<div id=\"partage-commentaire-popup-content-container\" 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decoding=\"async\" src=\"https:\/\/static.euronews.com\/website\/images\/vector\/social-icons\/article-redesign-telegram.svg\" width=\"48\" height=\"48\" alt=\"telegram\" class=\"u-show-for-desktop\" loading=\"lazy\"><span class=\"u-display-flex u-gap-1 u-show-for-mobile-only\"><img decoding=\"async\" src=\"https:\/\/static.euronews.com\/website\/images\/vector\/social-icons\/article-redesign-vk.svg\" width=\"24\" height=\"24\" alt=\"vk\" loading=\"lazy\"><span>VK<\/span><\/span><img decoding=\"async\" src=\"https:\/\/static.euronews.com\/website\/images\/vector\/social-icons\/article-redesign-vk.svg\" width=\"48\" height=\"48\" alt=\"vk\" class=\"u-show-for-desktop\" loading=\"lazy\"><span class=\"u-display-flex u-gap-1 u-show-for-mobile-only\"><img decoding=\"async\" src=\"https:\/\/static.euronews.com\/website\/images\/vector\/social-icons\/article-redesign-bluesky.svg\" width=\"24\" height=\"24\" alt=\"bluesky\" loading=\"lazy\"><span>Bluesky<\/span><\/span><img decoding=\"async\" src=\"https:\/\/static.euronews.com\/website\/images\/vector\/social-icons\/article-redesign-bluesky.svg\" width=\"48\" height=\"48\" alt=\"bluesky\" class=\"u-show-for-desktop\" loading=\"lazy\"><span class=\"u-display-flex u-gap-1 u-show-for-mobile-only\"><img decoding=\"async\" src=\"https:\/\/static.euronews.com\/website\/images\/vector\/social-icons\/article-redesign-threads.svg\" width=\"24\" height=\"24\" alt=\"threads\" loading=\"lazy\"><span>Threads<\/span><\/span><img decoding=\"async\" src=\"https:\/\/static.euronews.com\/website\/images\/vector\/social-icons\/article-redesign-threads.svg\" width=\"48\" height=\"48\" alt=\"threads\" class=\"u-show-for-desktop\" loading=\"lazy\"><span class=\"u-display-flex u-gap-1 u-show-for-mobile-only\"><img decoding=\"async\" src=\"https:\/\/static.euronews.com\/website\/images\/vector\/social-icons\/article-redesign-whatsapp.svg\" width=\"24\" height=\"24\" alt=\"whatsapp\" loading=\"lazy\"><span>Whatsapp<\/span><\/span><img decoding=\"async\" src=\"https:\/\/static.euronews.com\/website\/images\/vector\/social-icons\/article-redesign-whatsapp.svg\" width=\"48\" height=\"48\" alt=\"whatsapp\" class=\"u-show-for-desktop\" loading=\"lazy\"><\/div>\n<\/div>\n<\/div>\n<\/div>\n<h2 class=\"c-article-summary\">\n        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&#8217;s latest outlook.<br \/>\n    <\/h2>\n<div class=\"c-article-content c-article-content--business js-article-content\">\n<p>Air travel demand is strong and revenues are growing across the airline industry, yet profits are expected to halve in 2026 as soaring jet fuel prices hit companies worldwide, according to the International Air Transport Association (IATA).<\/p>\n<div>\n<div class=\"c-ad u-show-for-mobile-only\">\n<div class=\"c-ad__placeholder\"><img decoding=\"async\" class=\"c-ad__placeholder__logo\" src=\"https:\/\/static.euronews.com\/website\/images\/logos\/logo-euronews-stacked-outlined-72x72-grey-9.svg\" width=\"72\" height=\"72\" alt loading=\"lazy\"><span>ADVERTISEMENT<\/span><\/div>\n<\/div>\n<div class=\"c-ad u-show-for-desktop\">\n<div class=\"c-ad__placeholder\"><img decoding=\"async\" class=\"c-ad__placeholder__logo\" src=\"https:\/\/static.euronews.com\/website\/images\/logos\/logo-euronews-stacked-outlined-72x72-grey-9.svg\" width=\"72\" height=\"72\" alt loading=\"lazy\"><span>ADVERTISEMENT<\/span><\/div>\n<\/div>\n<\/div>\n<p>This is stated in the latest financial outlook of the trade body, which represents 370 airlines accounting for 85% of global air traffic.<\/p>\n<p>Airlines worldwide are expected to generate a combined net profit of $23bn (\u20ac20bn) in 2026, down from a previously projected $41bn (\u20ac36bn) and roughly half the $45bn (\u20ac39bn) estimated in 2025.<\/p>\n<p>This comes despite a record 5.1 billion passengers, up 2.4% year-on-year, and industry revenues reaching $1.165tn (\u20ac1.01tn), an increase of 9.4%.<\/p>\n<p>&#8220;War-related disruptions in the Middle East and rising fuel costs have worsened the outlook for airlines,&#8221; said Willie Walsh, IATA&#8217;s Director General.<\/p>\n<p>At the same time, operating expenses are expected to rise by 13% to $1.12tn (\u20ac970bn) compared with last year, as the industry&#8217;s fuel bill jumps nearly 40% to $350bn (\u20ac304bn) in 2026 from $252bn (\u20ac219bn) in 2025. Fuel is therefore expected to account for almost a third of airlines&#8217; operating costs.<\/p>\n<p>Despite airlines absorbing part of the increase in jet fuel prices and continuing efforts to improve efficiency, net profit margins are expected to shrink from 4.2% in 2025 to 2.0%.<\/p>\n<div class=\"c-widget-related\" data-stories-id data-event=\"widget_related\">\n<div class=\"c-widget-related__title\"><b class=\"c-widget-related__title__text\" lang=\"en\">Related<\/b><\/div>\n<ul class=\"c-widget-related__list\">\n<li class=\"c-widget-related__item\">Lufthansa posts record revenue but warns Iran war fuel costs will hit annual profit<\/li>\n<li class=\"c-widget-related__item\">Lufthansa to take majority control of Italy\u2019s ITA Airways in \u20ac325mn deal<\/li>\n<\/ul>\n<\/div>\n<p>&#8220;While air fares are rising, airlines are still absorbing part of the hike in their bottom lines,&#8221; Walsh said. He added that &#8220;net profit per passenger is expected to fall to $4.50, half of what it was last year&#8221;, which &#8220;won&#8217;t even buy you a hot dog at most FIFA World Cup venues,&#8221; he said, adding that should other costs or taxes start rising, airlines have very little buffer to cope.<\/p>\n<p>Higher aircraft leasing and maintenance costs, alongside spending on cleaner fuels and carbon offsetting schemes, are also expected to weigh on the industry. IATA also cited a slowdown in global growth, rising inflation and weaker world trade as additional pressures on the sector.<\/p>\n<h2><strong>Regional comparison<\/strong><\/h2>\n<p>The regional picture is highly uneven. At the centre of the conflict, Gulf carriers are among the airlines facing the biggest financial impact. IATA forecasts that they are expected to slip into loss-making territory amid weaker demand and operational disruption. All other regions are forecast to remain profitable, although at lower levels than in the previous year. <\/p>\n<p>Europe is also expected to come under significant cost pressure because of its heavy reliance on Gulf imports of jet fuel.<\/p>\n<p>&#8220;While some of this is mitigated thanks to a pre-crisis hedging ratio covering 70% of fuel needs, higher costs will feed through as hedges roll off,&#8221; IATA said.<\/p>\n<p>European airlines have benefited from some passengers switching to direct routes between Europe and Asia, bypassing Gulf hubs. However, airspace restrictions over Russia continue to disrupt operations, while slower economic growth and rising energy costs are expected to weigh on consumer spending.<\/p>\n<p>Airlines in Europe also face mounting costs from environmental regulations, airport charges and air traffic control fees. Combined with recurring industrial action in several countries, these pressures could leave the region&#8217;s carriers at a competitive disadvantage even after market conditions stabilise.<\/p>\n<\/div>\n<p>                                  Go to accessibility shortcuts<\/p>\n<div class=\"c-article-partage-commentaire u-align-items-center u-display-flex\"><span class=\"c-article-partage-commentaire__links u-align-items-center u-display-flex u-justify-content-center js-c-article-partage-commentaire-share\"><span>Share<\/span><\/span><span>Comments<\/span><\/div>\n<div id=\"adb-article-you-might-also-like\" class=\"perf-cv-auto c-article-you-might-also-like\">\n<h2 class=\"c-article-you-might-also-like__title\">\n        Read more<br \/>\n      <\/h2>\n<div class=\"c-article-you-might-also-like__container\">\n<article id=\"abe-2900194-pos0-c-article-you-might-also-like__item\" class=\"the-media-object m-modeMobile-1 m-modeDesktop-1 m-modeXL-1\" data-nid=\"2900194\" data-cid=\"9789779\" data-part-label=\"Partner content\">\n<figure id=\"abe-2900194-label-pos0-c-article-you-might-also-like__item\" class=\"the-media-object__figure\"><img decoding=\"async\" class=\"the-media-object__image\" src=\"https:\/\/images.euronews.com\/articles\/stories\/09\/78\/94\/75\/480x270_cmsv2_45a8f53c-fa8c-537f-bad6-a0052aaeacc9-9789475.jpg\" loading=\"lazy\" alt=\"Containers are stacked at the Port 2000 terminal in the port of Le Havre.\" height=\"9\" width=\"16\"><\/figure>\n<div class=\"the-media-object__content\">\n                    Business<\/p>\n<h3 class=\"the-media-object__title  \">\n<p>    Le Havre: 38,000 pairs of fake trainers smashed to pieces<br \/>\n  <\/h3>\n<\/div>\n<\/article>\n<article id=\"abe-2900143-pos1-c-article-you-might-also-like__item\" class=\"the-media-object m-modeMobile-1 m-modeDesktop-1 m-modeXL-1\" data-nid=\"2900143\" data-cid=\"9789382\" data-part-label=\"Partner content\">\n<figure id=\"abe-2900143-label-pos1-c-article-you-might-also-like__item\" class=\"the-media-object__figure\"><img decoding=\"async\" class=\"the-media-object__image\" src=\"https:\/\/images.euronews.com\/articles\/stories\/09\/34\/29\/37\/480x270_cmsv2_3a540ca0-e029-57d3-9b0e-9799176f2c1f-9342937.jpg\" loading=\"lazy\" alt=\"In this Sunday, Oct. 26, 2014, file photo, a branch of the Monte dei Paschi di Siena bank in Milan is seen.\" height=\"9\" width=\"16\"><\/figure>\n<div class=\"the-media-object__content\">\n                    Business<\/p>\n<h3 class=\"the-media-object__title  \">\n<p>    Intesa launches bid for MPS, would become Europe&#8217;s No 2 bank<br \/>\n  <\/h3>\n<\/div>\n<\/article>\n<article id=\"abe-2899767-pos2-c-article-you-might-also-like__item\" class=\"the-media-object m-modeMobile-1 m-modeDesktop-1 m-modeXL-1\" data-nid=\"2899767\" data-cid=\"9787618\" data-part-label=\"Partner content\">\n<figure id=\"abe-2899767-label-pos2-c-article-you-might-also-like__item\" class=\"the-media-object__figure\"><img decoding=\"async\" class=\"the-media-object__image\" src=\"https:\/\/images.euronews.com\/articles\/stories\/09\/78\/76\/18\/480x270_cmsv2_6b4bb517-6e35-5b51-b556-f0dd826782f7-9787618.jpg\" loading=\"lazy\" alt=\" Google CEO Sundar Pichai, left, and Tesla and SpaceX CEO Elon Musk arrive before the 60th Presidential Inauguration in the Rotunda of the U.S. Capitol in Washington, Monday, \" height=\"9\" width=\"16\"><\/figure>\n<div class=\"the-media-object__content\">\n                    Business<\/p>\n<h3 class=\"the-media-object__title  \">\n<p>    Google rents SpaceX\/AI supercomputers for $920M a month<br \/>\n  <\/h3>\n<\/div>\n<\/article>\n<\/div>\n<\/div>\n<div class=\"perf-cv-auto\">\n<ul id=\"adb-article-tags\" class=\"c-tags-list\">\n<li class=\"c-tags-list__item\">\n<section class=\"tc-cta\" data-twig-component=\"Cta-default\">\n  International Air Transport Association (IATA)<br \/>\n<\/section>\n<\/li>\n<li class=\"c-tags-list__item\">\n<section class=\"tc-cta\" data-twig-component=\"Cta-default\">\n  passenger<br \/>\n<\/section>\n<\/li>\n<li class=\"c-tags-list__item\">\n<section class=\"tc-cta\" data-twig-component=\"Cta-default\">\n  fuel crisis<br \/>\n<\/section>\n<\/li>\n<li class=\"c-tags-list__item\">\n<section class=\"tc-cta\" data-twig-component=\"Cta-default\">\n  Profits<br \/>\n<\/section>\n<\/li>\n<li class=\"c-tags-list__item\">\n<section class=\"tc-cta\" data-twig-component=\"Cta-default\">\n  Airlines<br \/>\n<\/section>\n<\/li>\n<\/ul>\n<\/div>\n<\/div>\n<\/div>\n<aside class=\"o-article-newsy__aside\">\n<div class=\"c-ad-wrapper o-article-newsy__aside__content-1\" data-ad-name=\"adzone-halfpage\">\n<div class=\"c-ad c-ad-halfpage u-show-for-desktop\">\n<div class=\"c-ad__placeholder\"><img loading=\"lazy\" decoding=\"async\" class=\"c-ad__placeholder__logo\" src=\"https:\/\/static.euronews.com\/website\/images\/logos\/logo-euronews-stacked-outlined-72x72-grey-9.svg\" width=\"72\" height=\"72\" alt><span>ADVERTISEMENT<\/span><\/div>\n<\/div>\n<div class=\"c-ad u-show-for-mobile-only\">\n<div class=\"c-ad__placeholder\"><img loading=\"lazy\" decoding=\"async\" class=\"c-ad__placeholder__logo\" src=\"https:\/\/static.euronews.com\/website\/images\/logos\/logo-euronews-stacked-outlined-72x72-grey-9.svg\" width=\"72\" height=\"72\" alt><span>ADVERTISEMENT<\/span><\/div>\n<\/div>\n<\/div>\n<div id=\"adb-article-top-stories\" class=\"perf-cv-auto c-top-stories\">\n<h2 class=\"c-top-stories__title\">Top stories<\/h2>\n<div class=\"c-top-stories__item\">\n<article id=\"abe-2900164-pos2-top-stories\" class=\"the-media-object m-modeMobile-2 m-modeDesktop-2 m-modeXL-2 the-media-object--no-label\" data-nid=\"2900164\" data-cid=\"9789338\" data-part-label=\"Partner content\">\n<figure id=\"abe-2900164-label-pos2-top-stories\" class=\"the-media-object__figure\"><img decoding=\"async\" class=\"the-media-object__image\" src=\"https:\/\/images.euronews.com\/articles\/stories\/09\/78\/93\/38\/320x180_cmsv2_dc8c2519-ab88-514a-80a4-73f4434d5bf4-9789338.jpg\" loading=\"lazy\" alt=\"File - Stellantis will be among the first to supply at least 5,000 vehicles to Uber&apos;s robotaxi fleet. 28 Oct. 2025\" height=\"9\" width=\"16\"><\/figure>\n<div class=\"the-media-object__content\">\n<h3 class=\"the-media-object__title  \">\n<p>    Robotaxis are coming to Europe \u2014 and the EU wants to speed things up<br \/>\n  <\/h3>\n<\/div>\n<\/article>\n<\/div>\n<div class=\"c-top-stories__item\">\n<article id=\"abe-2899000-pos3-top-stories\" class=\"the-media-object m-modeMobile-2 m-modeDesktop-2 m-modeXL-2 the-media-object--no-label\" data-nid=\"2899000\" data-cid=\"9783840\" data-part-label=\"Partner content\">\n<figure id=\"abe-2899000-label-pos3-top-stories\" class=\"the-media-object__figure\"><img decoding=\"async\" class=\"the-media-object__image\" src=\"https:\/\/images.euronews.com\/articles\/stories\/09\/78\/38\/40\/320x180_cmsv2_5dc35ebc-cc1d-50cb-aa4c-b73aecad4844-9783840.jpg\" loading=\"lazy\" alt=\"Specialist Gregg Maloney works at his post on the floor of the New York Stock Exchange, 1 June 2026\" height=\"9\" width=\"16\"><\/figure>\n<div class=\"the-media-object__content\">\n<h3 class=\"the-media-object__title  \">\n<p>    Can the market handle SpaceX, OpenAI and Anthropic all at once?<br \/>\n  <\/h3>\n<\/div>\n<\/article>\n<\/div>\n<div class=\"c-top-stories__item\">\n<article id=\"abe-2899500-pos4-top-stories\" class=\"the-media-object m-modeMobile-2 m-modeDesktop-2 m-modeXL-2 the-media-object--no-label\" data-nid=\"2899500\" data-cid=\"9786493\" data-part-label=\"Partner content\">\n<figure id=\"abe-2899500-label-pos4-top-stories\" class=\"the-media-object__figure\"><img decoding=\"async\" class=\"the-media-object__image\" src=\"https:\/\/images.euronews.com\/articles\/stories\/09\/78\/64\/93\/320x180_cmsv2_dab3ef1b-b469-5737-83e6-28b26203fe11-9786493.jpg\" loading=\"lazy\" alt=\"CGT union secretary general Sophie Binet, center, attends a demonstration for higher wages and against austerity, in Paris, Tuesday, Dec. 2, 2025. \" height=\"9\" width=\"16\"><\/figure>\n<div class=\"the-media-object__content\">\n<h3 class=\"the-media-object__title  \">\n<p>    Inflation beating pay in Europe: Where are workers losing the most?<br \/>\n  <\/h3>\n<\/div>\n<\/article>\n<\/div>\n<div class=\"c-top-stories__item\">\n<article id=\"abe-2900143-pos5-top-stories\" class=\"the-media-object m-modeMobile-2 m-modeDesktop-2 m-modeXL-2 the-media-object--no-label\" data-nid=\"2900143\" data-cid=\"9789382\" data-part-label=\"Partner content\">\n<figure id=\"abe-2900143-label-pos5-top-stories\" class=\"the-media-object__figure\"><img decoding=\"async\" class=\"the-media-object__image\" src=\"https:\/\/images.euronews.com\/articles\/stories\/09\/34\/29\/37\/320x180_cmsv2_3a540ca0-e029-57d3-9b0e-9799176f2c1f-9342937.jpg\" loading=\"lazy\" alt=\"In this Sunday, Oct. 26, 2014, file photo, a branch of the Monte dei Paschi di Siena bank in Milan is seen.\" height=\"9\" width=\"16\"><\/figure>\n<div class=\"the-media-object__content\">\n<h3 class=\"the-media-object__title  \">\n<p>    Intesa launches bid for MPS, would become Europe&#8217;s No 2 bank<br \/>\n  <\/h3>\n<\/div>\n<\/article>\n<\/div>\n<div class=\"c-top-stories__item\">\n<article id=\"abe-2900026-pos6-top-stories\" class=\"the-media-object m-modeMobile-2 m-modeDesktop-2 m-modeXL-2 the-media-object--no-label\" data-nid=\"2900026\" data-cid=\"9788574\" data-part-label=\"Partner content\">\n<figure id=\"abe-2900026-label-pos6-top-stories\" class=\"the-media-object__figure\"><img decoding=\"async\" class=\"the-media-object__image\" src=\"https:\/\/images.euronews.com\/articles\/stories\/09\/78\/85\/74\/320x180_cmsv2_f480d4e5-54c3-57ee-8783-0d11ba9fe599-9788574.jpg\" loading=\"lazy\" alt=\"A trio of traders work on the floor of the New York Stock Exchange, Wednesday, June 3, 2026.\" height=\"9\" width=\"16\"><\/figure>\n<div class=\"the-media-object__content\">\n<h3 class=\"the-media-object__title  \">\n<p>    Oil prices rise as Iran and Israel trade strikes in defiance of Trump<br \/>\n  <\/h3>\n<\/div>\n<\/article>\n<\/div>\n<\/div>\n<div class=\"perf-cv-auto c-ad-wrapper o-article-newsy__aside__content-2\" data-ad-name=\"adzone-halfpage\">\n<div class=\"c-ad c-ad-halfpage u-show-for-desktop\">\n<div class=\"c-ad__placeholder\"><img loading=\"lazy\" decoding=\"async\" class=\"c-ad__placeholder__logo\" src=\"https:\/\/static.euronews.com\/website\/images\/logos\/logo-euronews-stacked-outlined-72x72-grey-9.svg\" width=\"72\" height=\"72\" alt><span>ADVERTISEMENT<\/span><\/div>\n<\/div>\n<div class=\"c-ad u-show-for-mobile-only\">\n<div class=\"c-ad__placeholder\"><img loading=\"lazy\" decoding=\"async\" class=\"c-ad__placeholder__logo\" src=\"https:\/\/static.euronews.com\/website\/images\/logos\/logo-euronews-stacked-outlined-72x72-grey-9.svg\" width=\"72\" height=\"72\" alt><span>ADVERTISEMENT<\/span><\/div>\n<\/div>\n<\/div>\n<div class=\"perf-cv-auto c-most-viewed\">\n<h2 class=\"c-most-viewed__title qa-section-title\">Most read<\/h2>\n<div class=\"c-most-viewed__list\">\n<div class=\"c-most-viewed__item\"><span class=\"c-most-viewed__item__number\">1<\/span><\/p>\n<article id=\"abe-2899500-pos1-mostViewed\" class=\"the-media-object m-modeMobile-3 m-modeDesktop-3 m-modeXL-3 the-media-object--has-related the-media-object--no-label\" data-nid=\"2899500\" data-cid=\"9786493\" data-part-label=\"Partner content\">\n<div class=\"the-media-object__content\">\n<h3 class=\"the-media-object__title  \">\n<p>    Inflation beating pay in Europe: Where are workers losing the most?<br \/>\n  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class=\"the-media-object__title  \">\n<p>    Pay transparency: Which EU countries are ready for the new rules?<br \/>\n  <\/h3>\n<\/div>\n<\/article>\n<\/div>\n<div class=\"c-most-viewed__item\"><span class=\"c-most-viewed__item__number\">4<\/span><\/p>\n<article id=\"abe-2898729-pos4-mostViewed\" class=\"the-media-object m-modeMobile-3 m-modeDesktop-3 m-modeXL-3 the-media-object--has-related the-media-object--no-label\" data-nid=\"2898729\" data-cid=\"9782440\" data-part-label=\"Partner content\">\n<div class=\"the-media-object__content\">\n<h3 class=\"the-media-object__title  \">\n<p>    France or Germany: Where do workers take home more pay?<br \/>\n  <\/h3>\n<\/div>\n<\/article>\n<\/div>\n<div class=\"c-most-viewed__item\"><span class=\"c-most-viewed__item__number\">5<\/span><\/p>\n<article id=\"abe-2900026-pos5-mostViewed\" class=\"the-media-object m-modeMobile-3 m-modeDesktop-3 m-modeXL-3 the-media-object--has-related the-media-object--no-label\" data-nid=\"2900026\" 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src=\"https:\/\/static.euronews.com\/website\/images\/logos\/logo-euronews-stacked-outlined-72x72-grey-9.svg\" width=\"72\" height=\"72\" alt><span>ADVERTISEMENT<\/span><\/div>\n<\/div>\n<\/div>\n<\/aside>\n<\/div>\n<\/article>\n<article id=\"abe-2900194-pos0-c-article-you-might-also-like__item\" class=\"the-media-object m-modeMobile-1 m-modeDesktop-1 m-modeXL-1\" data-nid=\"2900194\" data-cid=\"9789779\" data-part-label=\"Partner content\">\n<figure id=\"abe-2900194-label-pos0-c-article-you-might-also-like__item\" class=\"the-media-object__figure\"><img decoding=\"async\" class=\"the-media-object__image\" src=\"https:\/\/images.euronews.com\/articles\/stories\/09\/78\/94\/75\/480x270_cmsv2_45a8f53c-fa8c-537f-bad6-a0052aaeacc9-9789475.jpg\" loading=\"lazy\" alt=\"Containers are stacked at the Port 2000 terminal in the port of Le Havre.\" height=\"9\" width=\"16\"><\/figure>\n<div class=\"the-media-object__content\">\n                    Business<\/p>\n<h3 class=\"the-media-object__title  \">\n<p>    Le Havre: 38,000 pairs of fake trainers smashed to pieces<br \/>\n  <\/h3>\n<\/div>\n<\/article>\n<article id=\"abe-2900143-pos1-c-article-you-might-also-like__item\" class=\"the-media-object m-modeMobile-1 m-modeDesktop-1 m-modeXL-1\" data-nid=\"2900143\" data-cid=\"9789382\" data-part-label=\"Partner content\">\n<figure id=\"abe-2900143-label-pos1-c-article-you-might-also-like__item\" class=\"the-media-object__figure\"><img decoding=\"async\" class=\"the-media-object__image\" src=\"https:\/\/images.euronews.com\/articles\/stories\/09\/34\/29\/37\/480x270_cmsv2_3a540ca0-e029-57d3-9b0e-9799176f2c1f-9342937.jpg\" loading=\"lazy\" alt=\"In this Sunday, Oct. 26, 2014, file photo, a branch of the Monte dei Paschi di Siena bank in Milan is seen.\" height=\"9\" width=\"16\"><\/figure>\n<div class=\"the-media-object__content\">\n                    Business<\/p>\n<h3 class=\"the-media-object__title  \">\n<p>    Intesa launches bid for MPS, would become Europe&#8217;s No 2 bank<br \/>\n  <\/h3>\n<\/div>\n<\/article>\n<article id=\"abe-2899767-pos2-c-article-you-might-also-like__item\" class=\"the-media-object m-modeMobile-1 m-modeDesktop-1 m-modeXL-1\" data-nid=\"2899767\" data-cid=\"9787618\" data-part-label=\"Partner content\">\n<figure id=\"abe-2899767-label-pos2-c-article-you-might-also-like__item\" class=\"the-media-object__figure\"><img decoding=\"async\" class=\"the-media-object__image\" src=\"https:\/\/images.euronews.com\/articles\/stories\/09\/78\/76\/18\/480x270_cmsv2_6b4bb517-6e35-5b51-b556-f0dd826782f7-9787618.jpg\" loading=\"lazy\" alt=\" Google CEO Sundar Pichai, left, and Tesla and SpaceX CEO Elon Musk arrive before the 60th Presidential Inauguration in the Rotunda of the U.S. Capitol in Washington, Monday, \" height=\"9\" width=\"16\"><\/figure>\n<div class=\"the-media-object__content\">\n                    Business<\/p>\n<h3 class=\"the-media-object__title  \">\n<p>    Google rents SpaceX\/AI supercomputers for $920M a month<br \/>\n  <\/h3>\n<\/div>\n<\/article>\n<article id=\"abe-2900164-pos2-top-stories\" class=\"the-media-object m-modeMobile-2 m-modeDesktop-2 m-modeXL-2 the-media-object--no-label\" data-nid=\"2900164\" data-cid=\"9789338\" data-part-label=\"Partner content\">\n<figure id=\"abe-2900164-label-pos2-top-stories\" class=\"the-media-object__figure\"><img decoding=\"async\" class=\"the-media-object__image\" src=\"https:\/\/images.euronews.com\/articles\/stories\/09\/78\/93\/38\/320x180_cmsv2_dc8c2519-ab88-514a-80a4-73f4434d5bf4-9789338.jpg\" loading=\"lazy\" alt=\"File - Stellantis will be among the first to supply at least 5,000 vehicles to Uber&apos;s robotaxi fleet. 28 Oct. 2025\" height=\"9\" width=\"16\"><\/figure>\n<div class=\"the-media-object__content\">\n<h3 class=\"the-media-object__title  \">\n<p>    Robotaxis are coming to Europe \u2014 and the EU wants to speed things up<br \/>\n  <\/h3>\n<\/div>\n<\/article>\n<article id=\"abe-2899000-pos3-top-stories\" 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data-part-label=\"Partner content\">\n<figure id=\"abe-2899500-label-pos4-top-stories\" class=\"the-media-object__figure\"><img decoding=\"async\" class=\"the-media-object__image\" src=\"https:\/\/images.euronews.com\/articles\/stories\/09\/78\/64\/93\/320x180_cmsv2_dab3ef1b-b469-5737-83e6-28b26203fe11-9786493.jpg\" loading=\"lazy\" alt=\"CGT union secretary general Sophie Binet, center, attends a demonstration for higher wages and against austerity, in Paris, Tuesday, Dec. 2, 2025. \" height=\"9\" width=\"16\"><\/figure>\n<div class=\"the-media-object__content\">\n<h3 class=\"the-media-object__title  \">\n<p>    Inflation beating pay in Europe: Where are workers losing the most?<br \/>\n  <\/h3>\n<\/div>\n<\/article>\n<article id=\"abe-2900143-pos5-top-stories\" class=\"the-media-object m-modeMobile-2 m-modeDesktop-2 m-modeXL-2 the-media-object--no-label\" data-nid=\"2900143\" data-cid=\"9789382\" data-part-label=\"Partner content\">\n<figure id=\"abe-2900143-label-pos5-top-stories\" class=\"the-media-object__figure\"><img decoding=\"async\" class=\"the-media-object__image\" src=\"https:\/\/images.euronews.com\/articles\/stories\/09\/34\/29\/37\/320x180_cmsv2_3a540ca0-e029-57d3-9b0e-9799176f2c1f-9342937.jpg\" loading=\"lazy\" alt=\"In this Sunday, Oct. 26, 2014, file photo, a branch of the Monte dei Paschi di Siena bank in Milan is seen.\" height=\"9\" width=\"16\"><\/figure>\n<div class=\"the-media-object__content\">\n<h3 class=\"the-media-object__title  \">\n<p>    Intesa launches bid for MPS, would become Europe&#8217;s No 2 bank<br \/>\n  <\/h3>\n<\/div>\n<\/article>\n<article id=\"abe-2900026-pos6-top-stories\" class=\"the-media-object m-modeMobile-2 m-modeDesktop-2 m-modeXL-2 the-media-object--no-label\" data-nid=\"2900026\" data-cid=\"9788574\" data-part-label=\"Partner content\">\n<figure id=\"abe-2900026-label-pos6-top-stories\" class=\"the-media-object__figure\"><img decoding=\"async\" class=\"the-media-object__image\" src=\"https:\/\/images.euronews.com\/articles\/stories\/09\/78\/85\/74\/320x180_cmsv2_f480d4e5-54c3-57ee-8783-0d11ba9fe599-9788574.jpg\" loading=\"lazy\" alt=\"A trio of traders work on the floor of the New York Stock Exchange, Wednesday, June 3, 2026.\" height=\"9\" width=\"16\"><\/figure>\n<div class=\"the-media-object__content\">\n<h3 class=\"the-media-object__title  \">\n<p>    Oil prices rise as Iran and Israel trade strikes in defiance of Trump<br \/>\n  <\/h3>\n<\/div>\n<\/article>\n<article id=\"abe-2899500-pos1-mostViewed\" class=\"the-media-object m-modeMobile-3 m-modeDesktop-3 m-modeXL-3 the-media-object--has-related the-media-object--no-label\" data-nid=\"2899500\" data-cid=\"9786493\" data-part-label=\"Partner content\">\n<div class=\"the-media-object__content\">\n<h3 class=\"the-media-object__title  \">\n<p>    Inflation beating pay in Europe: Where are workers losing the most?<br \/>\n  <\/h3>\n<\/div>\n<\/article>\n<article id=\"abe-2899767-pos2-mostViewed\" class=\"the-media-object m-modeMobile-3 m-modeDesktop-3 m-modeXL-3 the-media-object--has-related the-media-object--no-label\" data-nid=\"2899767\" data-cid=\"9787618\" data-part-label=\"Partner content\">\n<div class=\"the-media-object__content\">\n<h3 class=\"the-media-object__title  \">\n<p>    Google rents SpaceX\/AI supercomputers for $920M a month<br \/>\n  <\/h3>\n<\/div>\n<\/article>\n<article id=\"abe-2899040-pos3-mostViewed\" class=\"the-media-object m-modeMobile-3 m-modeDesktop-3 m-modeXL-3 the-media-object--has-related the-media-object--no-label\" data-nid=\"2899040\" data-cid=\"9784061\" data-part-label=\"Partner content\">\n<div class=\"the-media-object__content\">\n<h3 class=\"the-media-object__title  \">\n<p>    Pay transparency: Which EU countries are ready for the new rules?<br \/>\n  <\/h3>\n<\/div>\n<\/article>\n<article id=\"abe-2898729-pos4-mostViewed\" class=\"the-media-object m-modeMobile-3 m-modeDesktop-3 m-modeXL-3 the-media-object--has-related the-media-object--no-label\" data-nid=\"2898729\" data-cid=\"9782440\" data-part-label=\"Partner content\">\n<div class=\"the-media-object__content\">\n<h3 class=\"the-media-object__title  \">\n<p>    France or Germany: Where do workers take home more pay?<br \/>\n  <\/h3>\n<\/div>\n<\/article>\n<article id=\"abe-2900026-pos5-mostViewed\" class=\"the-media-object m-modeMobile-3 m-modeDesktop-3 m-modeXL-3 the-media-object--has-related the-media-object--no-label\" data-nid=\"2900026\" data-cid=\"9788574\" data-part-label=\"Partner content\">\n<div class=\"the-media-object__content\">\n<h3 class=\"the-media-object__title  \">\n<p>    Oil prices rise as Iran and Israel trade strikes in defiance of Trump<br \/>\n  <\/h3>\n<\/div>\n<\/article>\n<div class=\"articleBody\" data-key=\"articleBody\">Air travel demand is strong and revenues are growing across the airline industry, yet profits are expected to halve in 2026 as soaring jet fuel prices hit companies worldwide, according to the International Air Transport Association (IATA).This is stated in the latest financial outlook of the trade body, which represents 370 airlines accounting for 85% of global air traffic.Airlines worldwide are expected to generate a combined net profit of $23bn (\u20ac20bn) in 2026, down from a previously projected $41bn (\u20ac36bn) and roughly half the $45bn (\u20ac39bn) estimated in 2025.This comes despite a record 5.1 billion passengers, up 2.4% year-on-year, and industry revenues reaching $1.165tn (\u20ac1.01tn), an increase of 9.4%.&#8221;War-related disruptions in the Middle East and rising fuel costs have worsened the outlook for airlines,&#8221; said Willie Walsh, IATA&#8217;s Director General.At the same time, operating expenses are expected to rise by 13% to $1.12tn (\u20ac970bn) compared with last year, as the industry&#8217;s fuel bill jumps nearly 40% to $350bn (\u20ac304bn) in 2026 from $252bn (\u20ac219bn) in 2025. Fuel is therefore expected to account for almost a third of airlines&#8217; operating costs.Despite airlines absorbing part of the increase in jet fuel prices and continuing efforts to improve efficiency, net profit margins are expected to shrink from 4.2% in 2025 to 2.0%.&#8221;While air fares are rising, airlines are still absorbing part of the hike in their bottom lines,&#8221; Walsh said. He added that &#8220;net profit per passenger is expected to fall to $4.50, half of what it was last year&#8221;, which &#8220;won&#8217;t even buy you a hot dog at most FIFA World Cup venues,&#8221; he said, adding that should other costs or taxes start rising, airlines have very little buffer to cope.Higher aircraft leasing and maintenance costs, alongside spending on cleaner fuels and carbon offsetting schemes, are also expected to weigh on the industry. IATA also cited a slowdown in global growth, rising inflation and weaker world trade as additional pressures on the sector.Regional comparisonThe regional picture is highly uneven. At the centre of the conflict, Gulf carriers are among the airlines facing the biggest financial impact. IATA forecasts that they are expected to slip into loss-making territory amid weaker demand and operational disruption. All other regions are forecast to remain profitable, although at lower levels than in the previous year.Europe is also expected to come under significant cost pressure because of its heavy reliance on Gulf imports of jet fuel.&#8221;While some of this is mitigated thanks to a pre-crisis hedging ratio covering 70% of fuel needs, higher costs will feed through as hedges roll off,&#8221; IATA said.European airlines have benefited from some passengers switching to direct routes between Europe and Asia, bypassing Gulf hubs. However, airspace restrictions over Russia continue to disrupt operations, while slower economic growth and rising energy costs are expected to weigh on consumer spending.Airlines in Europe also face mounting costs from environmental regulations, airport charges and air traffic control fees. Combined with recurring industrial action in several countries, these pressures could leave the region&#8217;s carriers at a competitive disadvantage even after market conditions stabilise.<\/div>\n<p>[analyse_source url=&#8221;https:\/\/www.euronews.com\/business\/2026\/06\/08\/the-jet-fuel-shock-wipes-out-half-of-the-global-airline-industrys-expected-profits&#8221;]<\/p>\n","protected":false},"excerpt":{"rendered":"<p>[analyse_image type=&#8221;featured&#8221; src=&#8221;https:\/\/images.euronews.com\/articles\/stories\/09\/78\/90\/14\/1200x675_cmsv2_fa155b9f-1af5-5eb9-ada5-bbf4fcd8ac4f-9789014.jpg&#8221;] Business Le Havre: 38,000 pairs of fake trainers smashed to pieces Europe News What is &#8216;Kushner Island&#8217; and why are Albanians protesting about it? Art Saatchi Gallery&#8217;s ambitious new summer show turns its gaze to the sky Europe News Soldiers, not talks will decide Russia&#8217;s war in Ukraine, Lavrov says Business Le [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[90],"tags":[226,36],"class_list":["post-1979623","post","type-post","status-publish","format-standard","hentry","category-international","tag-crawlmanager","tag-euronews-com"],"_links":{"self":[{"href":"https:\/\/analyse.optim.biz\/index.php?rest_route=\/wp\/v2\/posts\/1979623","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/analyse.optim.biz\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/analyse.optim.biz\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/analyse.optim.biz\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/analyse.optim.biz\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1979623"}],"version-history":[{"count":0,"href":"https:\/\/analyse.optim.biz\/index.php?rest_route=\/wp\/v2\/posts\/1979623\/revisions"}],"wp:attachment":[{"href":"https:\/\/analyse.optim.biz\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1979623"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/analyse.optim.biz\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1979623"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/analyse.optim.biz\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1979623"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}