EasyJet Cuts 700k Winter Seats as Fuel Costs Climb
EasyJet is reducing its winter capacity by 700,000 seats to combat rising fuel costs, following similar capacity cuts from rivals Ryanair and Jet2.
Oct 10, 20264 min
Airlines
IATA Forecasts $4.3 Billion Loss for Middle East Airlines
IATA projects Middle Eastern airlines will record a $4.3 billion net loss due to regional conflict and widespread airspace closures.
Aug 17, 20265 min
Airlines
United Airlines Forecasts $6B Fuel Hit Amid Iran Conflict
United Airlines expects $6 billion in additional fuel costs this year as the Strait of Hormuz closure forces industry-wide capacity reductions.
Jul 16, 20263 min
Business
Lufthansa Eyes Asia Pacific Growth Despite 2026 Headwinds
Lufthansa expects a challenging second half of 2026 as geopolitical risks and fuel costs impact the global airline industry.
Jul 5, 20264 min
Business
IATA AGM 2026: Airline Margins Halve Amid Fuel Price Surge
Global airline profit margins are forecast to shrink to 2.0% in 2026 as jet fuel prices surge 70%, heightening concerns for regional route viability.
Jun 8, 20264 min
Business
High Fuel Costs Threaten Indian Airline Profitability and Demand
Indian airlines face a severe margin squeeze as fuel costs soar to 55-60% of operating expenses, threatening fare hikes and demand destruction.
May 3, 20265 min
Business