Airline profits set to halve this year as fuel costs jump by $100 billion: IATA
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Source: CNBC
Published: 2026-06-08 20:05 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Transport, World News
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Snippet:
The International Air Transport Association warned that global airlines can expect to see profits plunge by half in 2026 as the rising cost of jet fuel continues to squeeze the industry.
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