New Delhi, June 7 (IANS) Global airlines’ 2026 net profit forecast has been halved to $23 billion from $45 billion in 2025 due to escalating fuel costs driven by the Middle East conflict, according to an IATA outlook report released on Sunday.The International Air Transport Association (IATA), which represents more than 370 airlines accounting for about 85 per cent of global air traffic, said in its annual report, released in Rio de Janeiro, that it now expects the industry to post a combi…
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