Airline Industry Projected to Earn Profits This Year
By wchung | 03 Apr, 2026
The International Air Transport Association has upgraded its forecast for the global airline industry this year — forecasting that it will earn $2.5 billion.
The outlook released Monday compared with a forecast made in March that airlines would lose a total $2.8 billion in 2010.
However, IATA said Europe is a striking weak spot and it anticipates a $2.8 billion loss for airlines on the continent — worse than the $2.2 billion previously predicted.
It cited Europe’s feeble growth, strikes at some airlines, the eurozone debt crisis and the volcanic ash cloud that caused major disruption this spring.
North American carriers are expected to earn $1.9 billion — a turnaround from the previously predicted loss of $1.8 billion.
BERLIN (AP)
Articles
- Samsung Electronics to Report Spectacular Profit Surge to New Record
- Trump Vows More Strikes on Civilian Infrastructure After F-35 Shot Down
- Japanese- Owned LNG Tanker Crosses Strait of Hormuz
- Iran Leaders Join Tehran Crowds to Show Control, Defy US Threats
- Edmunds Raves about EV from Volvo Parent Geely
- March Jobs Report Comes in Stronger than Expected
- Indian Brides Prep for Wedding with Mounjaro Weight-Loss Injections
- Tomahawk Missile Delivery to Japan Diverted by Iran Demand
- OpenAI Buys Tech Talk Show TBPN in Surprise Move
- US Employment Rebounded in March but Jobs Under Pressure from Iran