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Fuel shock cuts airline profit outlook in half as high fares and industry stress spread
Key Takeaways
- IATA cut the airline industry’s 2026 net profit forecast to $23 billion.
- U.S. airlines spent $5.06 billion on jet fuel in March 2026 versus $3.88 billion a year earlier.
- Budget carriers are seen as especially vulnerable to failure or acquisition.
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DT Editorial Team··via gizmodo.com
