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08.06.26 - 18:01
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Airline fuel costs jump 78 percent in past year amid war with Iran (The Hill)
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As the war in Iran passes the 100-day mark, the cost for America's airline industry is mounting. On Friday, a report from the Bureau of Transportation Statistics (BTS) stated that U.S. airlines paid nearly $6.5 billion in fuel costs in April. That was up more than 26 percent from March and up 78 percent from......
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08.06.26 - 17:31
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United Airlines CEO on Demand, Consumers, Oil Prices (Bloomberg)
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Despite worries in other regions of the world, United Airlines CEO Scott Kirby says airline demand and capacity in the US remains strong, and consumers remain resilient despite some fare increases driven by the spike in oil prices caused by the conflict in Iran. Kirby spoke to Lisa Abramowicz at IATA in Rio de Janeiro on June 7, 2026. (Source: Bloomberg)...
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08.06.26 - 16:48
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IATA Director Walsh Says the Airline Industry Is Not in a Crisis (Bloomberg)
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The International Air Transport Association (IATA) Director Willie Walsh says the air transport industry faces challenges, but is not in a crisis. He tells Bloomberg's Guy Johnson that the economic environment is "still positive." They spoke at the IATA annual meeting in Rio de Janeiro. (Source: Bloomberg)...
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08.06.26 - 16:31
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Air France Airlines CEO on Ticket Prices, EasyJet (Bloomberg)
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In an interview at the IATA annual meeting in Rio de Janeiro, Air France-KLM CEO Benjamin Smith said the airline may need to raise ticket prices to compensate for the spike in fuel costs sparked by the conflict in the Middle East. Smith also signaled he'd be willing to consider a possible involvement in a bid for EasyJet should he receive a call from investment firm Castlelake with a proposition. (Source: Bloomberg)...
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08.06.26 - 15:54
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Latam Airlines CEO on Price Hikes, Taxation, Expansion (Bloomberg)
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Latam Airlines CEO Roberto Alvo says that high fuel prices could lead to capacity cuts and South American taxes are keeping some travelers out of the skies. Alvo spoke with Bloomberg's Guy Johnson on the sidelines of the IATA 2026 Conference. (Source: Bloomberg)...
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