
Global Airlines Slash 2026 Profit Forecast as Iran War Sends Fuel Costs Soaring
Karachi: The global airline industry cut its 2026 profit forecast nearly in half on Sunday, as the Iran war drives jet fuel costs to record highs, grounds aircraft across one of the world’s busiest air corridors, and forces carriers everywhere including Pakistan International Airlines to absorb losses no hedge book can fully cover. The International ... Read more
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