CNA938 Rewind - Airline profits set to plunge as jet fuel prices soar
Global airline profits could be cut nearly in half in 2026, as jet fuel prices surge 70%, driven by ongoing conflict in the Middle East. Despite strong travel demand, carriers are bracing for higher costs, tighter margins and potential fare increases. Where is the aviation industry headed from here, and what does it mean for travellers? Andrea Heng and Hairianto Diman find out with Vanessa Gu, Asia Finance Editor, Cirium