**A small airplane is seen against a cloudy blue sky.**

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IATA warns: airlines' profits halved after the fuel shock

The airline industry's profits are expected to fall sharply in 2026 after the steep rise in aviation fuel prices as a result of the war between Iran and Israel. This is shown in the latest forecast from industry body IATA.

Camilla Jonsson Camilla Jonsson

Published 8 June 2026 - 12:52

aviation airlines europe aviation fuel flights iata iran-israel conflict

En man i kostym står framför en kustvy med klippor, grönska och en liten strandvik.

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New codeshare agreement gives SAS customers access to Bali

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En man i ljus skjorta och slips sitter vid ett vitt bord i ett ljust kontorsrum.

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“Another year of disappointment” - IATA lashes out at governments and oil companies

Dukat bord i ett privat jetplan med champagneflaska, glas, sallad och fönster i bakgrunden.

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Private aviation heads for a record year

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IATA warns: airlines' profits halved after the fuel shock

Cyklar står parkerade vid en kanal med båtar och träd längs vattnet i Amsterdam.

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Amsterdam raises hotel tax to 20 per cent

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Tre personer springer och badar i vågorna vid en kuststrand med berg och klart blått vatten.

Gen Z is driving the All Inclusive boom

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TUI Airways commercial aeroplane on final approach with landing gear extended.

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Norse cuts capacity and fills aircraft

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Vy från ett flygplanscockpit med instrumentpanel och landningsbana framför i dimma.

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Why air fares have not surged despite the oil crisis

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En kvinna i gul topp står framför ett Qatar Airways-plan mot blå himmel.

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The Swedish Consumer Agency puts pressure on Qatar Airways over refunds (Norwegian can breathe a sigh of relief)

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Eivind Roald stands with Norse staff in the aisle of an aircraft cabin with rows of empty seats.

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Norse pays over 150 million for billion-krona rescue

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Close-up of a Finnair passenger jet fuselage and engine on an airport apron.

Asia lifted Finnair in May

Finnair had 1.09 million passengers in May, an increase of 7.4 per cent compared with the same month last year. Growth was strongest on the Asian routes, while traffic in Europe also developed positively.

A Norwegian plane takes off against a colourful sunset sky.

Norwegian enters into new billion-krona agreement with the Swedish state

The public administrative authority Kammarkollegiet carried out the procurement, and the agreement applies to government agencies under the government as well as agencies under the Riksdag and other publicly governed bodies such as public agencies, colleges and universities.

Tre personer samtalar vid ett bord med broschyrer och skyltar på en mässa.

Travel News Market Finland praised for good meetings and strong business value

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