- Net profit stood at $9.6bn in 2026 forecasts.
- Net margin equalled 3.1 pc.
- Profit per passenger reached $7.50.
- Demand in RPK increased 2.8 pc.
- Capacity in ASK expanded 1.3 pc.
European airlines have been facing cost pressure from Gulf jet fuel imports, according to the industry update at the IATA Congress in Rio de Janeiro. Some carriers gained direct connectivity between Europe and Asia. Hedges on 70 pc of fuel needs mitigated part of the rises as they rolled off.
Net profit reached $9.6bn in 2026 forecasts with a net margin of 3.1 pc. Profit per passenger stood at $7.50. Demand in RPK grew 2.8 pc while capacity in ASK rose 1.3 pc.
Airspace restrictions over Russia affected parts of the network. Onerous regulations and industrial actions contributed to operational disruption.
Willie Walsh shared “airlines are bearing the brunt of the fuel price shock.”
