IATA halves 2026 airline profit forecast, big loss seen for Mideast industry

Sun, 07 Jun 2026

The International Air Transport Association (IATA) has sharply cut its profit outlook for the global airline industry, citing disruptions linked to the Middle East conflict. Airlines are now expected to post a net profit of $23 billion in 2026, while Middle East airlines are likely to post $4.3 billion loss, it said.