Topic
air transport
7 stories related to this topic, newest first.
techjuice.pkfinance38 days ago
Gulf Airlines Restore Near Prewar Flights but Face Revenue Hit from Iran War and Fuel Spike
Etihad and Emirates have resumed near prewar flight levels, yet the International Air Transport Association projects halved global airline profits and $4.3 billion in losses for Middle East carriers. Hotels in Qatar and Dubai face steep occupancy drops.
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investopedia.comfinance39 days ago
Airline Industry Net Profit Forecast Falls to $23 Billion
The International Air Transport Association projects airline net profit will fall to $23 billion this year from $45 billion in 2025. Higher fuel costs linked to the Iran conflict account for most of the decline.
Euronewsworld56 days ago
EU air routes grew 1 percent in 2025, IATA reports
The number of direct flight routes within the European Union rose by 154 in 2025, a 1 percent increase from the prior year. The International Air Transport Association said regulatory costs and taxes limited further expansion.
tvinsider.compolitics63 days agoUpdated
Jet Fuel Prices Rise After Strait of Hormuz Disruption
President Trump said oil prices rose very little due to the war with Iran. International Air Transport Association head Willie Walsh warned that higher ticket prices for air travellers in Europe are inevitable because of elevated jet fuel costs, with UK summer shortages possible…
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BBC Newsfinance65 days ago
Jet Fuel Prices Rise After Strait of Hormuz Closure as Industry Warns of Higher European Air Fares
Willie Walsh, head of the International Air Transport Association, told the BBC that airlines cannot absorb elevated oil costs, making higher ticket prices unavoidable. The closure of the Strait of Hormuz from the conflict in Iran has driven dramatic price increases, with effects…
Substrate placeholder — needs reviewworld98 days ago
Rising Air-Freight Costs and Flight Disruptions Affect Kenya's Cut-Flower Industry
Kenya's cut-flower industry faces challenges from increased air-freight costs and flight disruptions. Some growers have discarded large volumes of produce as a result. The sector, a major exporter to Europe, relies heavily on timely air transport for perishable goods.
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Substrate placeholder — needs reviewfinance100 days ago
Rising Jet Fuel Prices Prompt Flight Cancellations on UK Regional Routes
Jet fuel prices have increased more than 130 percent compared to the same period last year, according to the International Air Transport Association. Airlines operating routes from Cornwall and Guernsey to London are reducing or canceling services due to higher costs linked to Mi…