Global airlines slash 2026 profit forecast on fuel shock from Iran war
- Posted on June 7, 2026
- By Business News Today
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- 1 min read
Global airlines slash 2026 profit forecast on fuel shock from Iran war
The global airline industry has significantly lowered its 2026 profit forecast due to rising fuel costs and disruptions from the Iran war. Airlines are now expected to earn $23 billion, down from $41 billion, as conflict in the Middle East drives up jet fuel prices and forces flight reroutes.
