IATA Projects Global Airline Industry to Reach $41 Billion Net Profit by 2026
The International Air Transport Association forecasts global airlines will achieve a $41 billion net profit by 2026.
Dec 9, 20251 min
BUSINESS
Archive
Earlier stories worth revisiting
IATA Chief Willie Walsh Reveals Airline Profit Margins Lag Behind iPhone Cover
IATA's Willie Walsh revealed airlines' 2026 profit of $7.90 per passenger is less than an iPhone cover's earnings.
Dec 9, 20252 min
AIRLINES
IndiGo Apologizes for Nine-Hour Flight Delay with Goody Bags, Sparking Online
IndiGo issued goody bags as an apology to passengers after a nine-hour flight delay, triggering mixed reactions online.
Dec 9, 20251 min
AIRLINES
China Eastern Boeing 777-300ER Completes 29-Hour Shanghai-Buenos Aires Route
China Eastern Airlines launched the world's longest commercial flight, connecting Shanghai and Buenos Aires via Auckland.
Dec 9, 20252 min
AIRLINES
Ryanair Reduces Brussels Winter Capacity by 1 Million Seats Due to Belgian
Ryanair will cut one million seats from its Brussels winter schedule following Belgium's aviation tax increase.
Dec 9, 20251 min
BUSINESS
Cebu Pacific Inaugurates Direct Manila-Riyadh Flights, Enhancing OFW
Cebu Pacific launches direct Manila-Riyadh flights, providing more affordable travel options for Overseas Filipino Workers.
Dec 9, 20252 min
AIRLINES
Aerospace Supply Chain Bottlenecks to Stall Airline Growth Until 2031-2034
Global airlines face prolonged growth constraints as aerospace supply chain issues delay aircraft deliveries until 2031.
Dec 9, 20253 min
MANUFACTURING
Beijing Court Rules Malaysia Airlines Must Compensate MH370 Victims' Families
Malaysia Airlines has been ordered by a Beijing court to pay compensation to the families of eight MH370 passengers.
Dec 9, 20251 min
AIRLINES
Strong Geomagnetic Storm Forecast for Tuesday May Disrupt Aviation and
A strong geomagnetic storm forecast for Tuesday could disrupt aviation, satellite communications, and power grids globally.
Dec 9, 20252 min
TECHNOLOGY
IndiGo Flight Experiences Viral Pigeon Intrusion During Week of Major
An IndiGo flight from Vadodara experienced a viral pigeon intrusion, occurring during a week of significant operational disruptions.
Dec 9, 20251 min
AIRLINES
Singapore aviation agencies launch program to counter severe weather impacts
Singapore's CAAS and NEA launched a national program to boost aviation's resilience to severe weather.
Dec 9, 20251 min
SAFETY
Airbus and Boeing finalize acquisition of Spirit AeroSystems Belfast operations
The sale of Spirit AeroSystems' Northern Ireland facility to Airbus and Boeing has officially concluded.
Dec 9, 20252 min
MANUFACTURING
Police Investigation Faults Nancy Mace for Expletive Airport Rant
A police investigation has faulted Republican Nancy Mace for an expletive-filled rant directed at airport staff.
Dec 9, 20251 min
AIRPORTS
US Transportation Secretary Sean Duffy Advocates for Healthier In-Flight Meals
US Transportation Secretary Sean Duffy recently urged airline passengers to choose healthier food options while flying.
Dec 9, 20251 min
REGULATORY
American Airlines to cease New York-Toronto flights after two years of service
American Airlines will discontinue its New York-Toronto flight service after operating the route for two years.
Dec 9, 20251 min
AIRLINES
Hyderabad Airport on high alert after US-bound flight bomb threat email
Hyderabad's RGIA heightened security after a bomb threat email targeted a US-bound flight demanding $1 million.
Dec 9, 20251 min
SAFETY
Indian Government Reports 13,989 Pilots Employed Across Six Major Domestic
Six major Indian domestic airlines collectively employ 13,989 pilots, as reported to Parliament in December 2025.
Dec 8, 20252 min
AIRLINES
US DOT Waives $11 Million of Southwest Airlines' 2022 Fine Citing Operational
US DOT waives $11 million of Southwest Airlines' 2022 winter storm penalty due to operational improvements.
Dec 8, 20252 min
REGULATORY
American Airlines Joins Spirit Bankruptcy Proceedings Amid Financial Doubts
American Airlines has formally joined Spirit Airlines' second Chapter 11 bankruptcy case, which began in August 2025.
Dec 8, 20251 min
BUSINESS
British Airways Airbus A320 Declares Emergency, Returns to Edinburgh Airport
A British Airways Airbus A320 flight from Edinburgh to London Heathrow made an emergency return due to a landing gear fault.
Dec 8, 20251 min
SAFETY