FT: Airlines may reduce the number of flights in winter due to expensive fuel.

      The overall profit of the industry may be halved

      Photo: Arseniy Favstritsky

      Global airlines are preparing for significant changes in their winter flight schedules and the possible cancellation of tens of thousands of flights if jet fuel prices remain high due to the situation in the Middle East. According to the Financial Times (FT), in the coming weeks, airlines will make final decisions on adapting their capacity to the new economic conditions. According to the publication, the International Air Transport Association (IATA) has significantly lowered its forecasts for the current year, noting that the overall profit of the industry may decrease by half — from $43 billion to $23 billion. IATA also warned of additional fuel costs of $100 billion, even if prices begin to decline by the end of the year, as expected. According to Jörg Eberhardt, CEO of the Italian airline ITA Airways, in the worst-case scenario, the carrier may need to cut up to 20% of flights from October to April. He also pointed to the need for possible government assistance, emphasizing that the situation is very unstable. Turkish Airlines management added that if fuel prices do not decrease by autumn, the company will have to reduce flight frequency. "If high jet fuel prices persist after July, say until September, we will start reducing flight frequency or even closing some routes," said Turkish Airlines CFO Murat Şeker. Earlier, it was reported that IATA predicted bankruptcies of low-cost carriers.

      Nikita Egorov

      

      

      

      

      

      

      

      

      

      

      

      

       More news on the event:

      

      

      

      

      

      

      

       FT: Airlines may reduce the number of flights in winter due to rising fuel prices

       Global airlines are preparing to cancel tens of thousands of flights in winter if fuel prices remain high. 22:57 10.06.2026 Business Online - Kazan

      

      

      

      

      

      

       FT: Airlines may reduce the number of flights in winter amid expensive fuel

       The overall profit of the industry may be halved

      Photo: Arseniy Favstritsky

      Global airlines are preparing for significant changes in their winter flight schedules and the possible cancellation of tens of thousands of flights, 22:15 10.06.2026 Real Time - Kazan

      

      

      

      

      

      

       News from neighboring regions on the topic:

      

      

      

      

      

      

      

      

      

       Due to high fuel costs, the number of flights may be reduced in winter

       Photo: photo: Vologda-search

      Airlines plan to change their winter flight schedules and cancel a large number of flights if high fuel prices persist due to the situation in the Middle East. 01:11 11.06.2026 Cher-Poisk.Ru - Cherepovets

      

      

      

      

      

      

      

      

      

      

      

       Flights to Mineralnye Vody, St. Petersburg, and Kaliningrad have been canceled at Kaluga airport

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       Airlines are in a fuel shock: how crazy kerosene prices are eating billions

       Airlines have doubled their fuel costs and are anticipating a drop in profits

      Airlines' fuel expenses have nearly doubled over the year. 15:47 10.06.2026 SakhalinMedia.Ru - Yuzhno-Sakhalinsk

      

      

      

      

      

      

      

      

      

      

      

       It has become easier to fly: S7 Airlines adds a flight to Vladikavkaz, now 10 departures a week and 3 hours of travel.

       Photo: https://max.ru/id1500027796_gos

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