Middle East airlines face $4.3 billion loss in 2026, says IATA
Rio de Janeiro: Middle East airlines are expected to plunge into a collective $4.3 billion loss in 2026, with profit per passenger dropping from $31.50 last year to a loss of $21.40, International Air Transport Association (IATA) said in its latest financial outlook for the global airline industry. The report, released at IATA’s annual general meeting in […]
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