Airline Profits Are Set to Plunge by 50 Percent This Year—Here’s How Carriers Plan to Respond
Airline Profits Are Set to Plunge by 50 Percent This Year—Here’s How Carriers Plan to Respond
A recent report from The International Air Transport Association warned airlines and travelers of the heavy costs to come.
BY MOSES JEANFRANCOIS, NEWS WRITER @MOSESJEANS
A plane takes off at Los Angeles International Airport. Photo: Getty Images
Carriers are gearing up for a less-than-optimal year. The International Air Transport Association just warned airlines that they can expect to see profits plunge by half in 2026 due to rising jet fuel costs.
The exacerbated situation began in........
