People want to fly: Willie Walsh addresses demand as fuel costs shift outlook for airlines @IATAtv
People want to fly: Willie Walsh addresses demand as fuel costs shift outlook for airlines  @IATAtv
Uploaded June 2026 | Updated September 2026, 2 weeks ago
"People want to fly."

While demand remains strong, Middle East disruptions and high fuel prices are set to halve airline industry profitability.

Airlines are expected to achieve a combined total net profit of $23.0 billion in 2026, which is roughly half the previously projected $41 billion. It is also roughly half the $45 billion net profit estimate for 2025.

The net profit margin is expected to be 2.0% in 2026, roughly half the previously projected 3.9%. It is also less than half the 4.2% estimate for the 2025 net profit margin.

Net profit per passenger transported is expected to be $4.50, half the $9.10 achieved in 2025.

Willie Walsh, IATA's Director General, offers some analysis on the aviation economic outlook during this interview at the #IATAAGM in Rio de Janeiro, Brazil
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'People want to fly': Willie Walsh addresses demand as fuel costs shift outlook for airlines

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