World's Airlines Returned to Profit in Q2
By wchung | 11 May, 2026
The International Air Transport Association says 47 major carriers it monitors to assess the industry’s financial health reported a net profit of $3.9 billion in the second quarter.
The results contrast with the $881 million net loss posted by carriers a year earlier.
IATA says airlines in North America and the Asia-Pacific region performed best.
The Geneva-based association says European carriers’ results were boosted by a $1.3 billion asset sale in the second quarter, without which they would have posted further losses.
IATA said Monday that airlines benefited from stable fuel prices and slowly improving demand over the past months.
GENEVA (AP)
Recent Articles
- Mamdani May Yet Make Good on 'Freeze the Rent' Pledge
- Vox Momenti: Demon Kim-Pop Hunger
- Billions in Port Fees on Chinese-Built Ships to Figure in Trump-Xi Summit
- Alphabet, Amazon Tap Overseas Debt Markets to Fund AI Infrastructure Push
- Jeffries Vows Dems Will Win House Majority in 2026 and 'Bury' Republicans in 2028 Redistricting
- US Industry, Lawmakers Beseech Trump Not to Open to Chinese Cars at Summit
- China's Marriages Fall to Decade Low, Deepening Demographic Concerns
- Philippines Presidential Hopeful Sara Duterte Impeached, Awaits Senate Trial
- Trump-Xi Summit to Tackle Iran, Taiwan, Nukes, Trade, AI Rare Earths
- US Existing Home Sales Increased Less Than Expected in April
