Monday, 31 August 2026

Rising Jet Fuel Prices Force US Airlines to Cut Earnings Outlook

Published: Sunday, July 26, 2026
Rising Jet Fuel Prices Force US Airlines to Cut Earnings Outlook
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A rapid surge in jet fuel prices is weighing on the financial outlook of major US airlines, highlighting the industry's vulnerability to rising operating costs even as passenger demand remains strong.

American Airlines has become one of the clearest examples of the pressure. Earlier this month, the carrier was preparing to raise its 2026 earnings forecast, but reversed course less than two weeks later after its projected fuel bill for the remainder of the year increased by nearly $1.6 billion.

The airline said fuel prices can rise much faster than airlines are able to increase fares, since higher ticket prices only apply to future bookings and typically take weeks or months to influence revenue.

Although strong travel demand and disciplined capacity growth have enabled carriers to raise fares, the additional revenue has only partly offset soaring fuel costs.

Jet fuel spot prices climbed almost 30% between July 2 and July 22 as the ceasefire between the United States and Iran began to weaken, adding fresh uncertainty to the aviation industry's financial outlook.

American Airlines Chief Financial Officer Devon May told Reuters that the industry is likely to face weaker profit margins if fuel prices remain elevated.

"If we had guided on the same day as Delta, we'd have been guiding up for the year," May said.

Earlier in July, American expected full-year pretax earnings to approach $1.5 billion, roughly four times its 2025 result. However, the airline has since revised its guidance to a range stretching from a loss to a profit, with break-even at the midpoint.

The revised outlook came despite American reporting record quarterly revenue and forecasting stronger unit revenue growth during the second half of the year. The airline warned that persistently high fuel prices could slow debt reduction efforts, limit investment and increase pressure to reduce less-profitable routes.

Other major US airlines have responded differently depending on when they issued their forecasts.

Delta Air Lines maintained its full-year earnings outlook, while United Airlines raised the lower end of its guidance. Southwest Airlines lowered the bottom end of its forecast, and Alaska Air declined to reinstate full-year guidance.

The differences largely reflect the fuel price assumptions used by each airline. Delta based its outlook on fuel prices from July 2, while American used prices from July 21. During that period, jet fuel spot prices rose by 78 cents to $3.59 per gallon, rapidly changing the industry's cost outlook.

American said higher fares offset nearly half of its $2.2 billion year-on-year increase in second-quarter fuel expenses. Delta recovered about 60% of its additional fuel costs, while United recovered roughly half. Alaska reported recovering only a small portion of its increased fuel bill, while Southwest did not disclose a comparable figure.

May said American's projected fuel costs for the rest of the year increased by about $550 million in just one week. According to the airline, every one-cent increase in its average fuel price adds around $46 million to annual operating costs, meaning a 10-cent increase would raise expenses by approximately $460 million.

United Airlines also cited the rapid rise in fuel prices when updating investors. Chief Executive Scott Kirby said the company had expected year-on-year earnings growth before fuel costs surged in the days leading up to its earnings announcement.

United estimated that higher fuel prices since July 1 would add about $575 million to its third-quarter fuel bill and said it has revised its guidance policy to reflect the latest available fuel prices.

Alaska Air said booking demand for September and October remains strong but acknowledged that profitability remains highly sensitive to fluctuations in fuel costs.

American said it will continue seeking to recover as much of the higher fuel expense as possible through fare increases, although the proportion it can pass on to customers will depend on future fuel price movements.

Source: Reuters

IATA Calls on Africa to Prioritise Aviation as Key Driver of Economic Growth

Published: Sunday, May 03, 2026
IATA Calls on Africa to Prioritise Aviation as Key Driver of Economic Growth
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The International Air Transport Association (IATA) has called on African governments to place aviation at the centre of national development strategies, describing it as essential infrastructure that can unlock long-term economic and social progress across the continent.

Speaking at the Focus Africa Conference in Addis Ababa, Ethiopia, Kamil Alawadhi, IATA’s Regional Vice President for Africa and the Middle East, said aviation should be viewed as a catalyst for job creation, trade expansion, tourism growth, and regional integration.

He noted that a well-structured aviation strategy focused on safety, cost efficiency, energy security, sustainability, and a business-friendly regulatory environment would generate lasting economic benefits. According to him, these gains would outweigh short-term revenue considerations from taxation on passengers.

Safety improvements remain critical

While Africa has made progress in aviation safety, IATA highlighted that further improvement is needed. The region’s accident rate declined from 12.13 per million sectors in 2024 to 7.86 in 2025, yet it remains significantly above the global average of 1.32, making it the highest of any region.

IATA urged stronger implementation of International Civil Aviation Organization (ICAO) standards, noting that effective compliance across 46 of 48 Sub-Saharan African states stands at 60.34%, compared with the global average of 69.46% and a target of 75%.

The organisation also pointed to gaps in accident reporting, stating that only 19% of accident reports between 2019 and 2023 were completed, far below the global average of 63%. It stressed that delays or incomplete investigations limit access to safety lessons.

To address these challenges, IATA called for broader use of global safety programmes, including IOSA, ISSA, and ISAGO, to strengthen operational oversight and risk management.

High operating costs remain a barrier

IATA also raised concerns over the cost of doing business in African aviation, noting that taxes and charges imposed by governments and infrastructure providers are around 15% higher than the global average.

The association criticised rising passenger and data-related charges, including Tanzania’s API-PNR fee of $45 per one-way journey, described as the highest globally. Similar high charges were also reported in Angola, the Democratic Republic of Congo, Nigeria, Ghana, and Kenya.

It further urged governments to implement the Economic Community of West African States (ECOWAS) decision scheduled for December 2025 to eliminate aviation taxes and reduce selected charges by 25%, stressing the importance of full and timely execution.

IATA also recommended maintaining residence-based corporate taxation for airlines, warning that source-based taxation models under discussion at the United Nations could lead to double taxation due to the cross-border nature of aviation.

Regulatory barriers affecting operations

The organisation highlighted ongoing challenges in revenue repatriation, noting that airlines continue to face restrictions despite international agreements guaranteeing access to earned funds.

As of March 2026, Africa accounted for the largest share of globally blocked airline funds, totalling $774 million. The highest amounts were recorded in Algeria ($258 million), followed by the XAF Zone ($105 million), Mozambique ($82 million), Eritrea ($78 million), and Angola ($73 million).

Alawadhi stressed the need for urgent action in Algeria, saying industry engagement with authorities had so far produced limited progress, while airlines continued to comply with complex requirements.

Visa restrictions were also identified as a major obstacle, with nearly half of intra-African travel still requiring prior visas, limiting mobility, tourism growth, and regional economic integration.

Sustainability and energy opportunities

On sustainability, IATA highlighted opportunities for Africa in sustainable aviation fuel (SAF) production and global carbon market participation.

The organisation noted that Africa could supply up to 57.6 million Eligible Emission Units (EEUs) under the Carbon Offsetting and Reduction Scheme for International Aviation (CORSIA), potentially generating significant climate finance. However, only a limited number of countries, including Tanzania, Malawi, Rwanda, Gambia, Sierra Leone, Madagascar, and Nigeria, have begun participation.

In addition, IATA said Sub-Saharan Africa could produce up to 106 million tonnes of SAF-compatible feedstock by 2050, using agricultural residues, forestry waste, and municipal solid waste. With supportive policies and infrastructure investment, current renewable fuel capacity could scale significantly, creating jobs and improving energy security.

Source: ZAWYA

flynas Adds 20% More Seats, Offering Over 1.7 Million Flights for Ramadan

Published: Saturday, February 21, 2026
flynas Adds 20% More Seats, Offering Over 1.7 Million Flights for Ramadan
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flynas significantly expands seat capacity by 20%, providing over 1.7 million seats on domestic and international flights during Ramadan 1447H

flynas, recognized as the world’s leading low-cost carrier and the premier low-cost airline in the Middle East, proudly announces the availability of more than 1.7 million seats throughout Ramadan 1447H. This substantial increase marks a 20% rise in seat capacity compared to the same period in the previous year, spanning the airline’s comprehensive domestic and international network.

This strategic capacity expansion is a direct response to the heightened travel demand during the sacred Umrah season and the holy month of Ramadan. flynas is committed to offering pilgrims, travelers, and families broader travel options, enhanced flexibility, and seamless connectivity to meet the consistent annual surge in passenger traffic to the Kingdom’s spiritual and cultural destinations.

The initiative exemplifies flynas’ ongoing execution of its ambitious growth and expansion strategy, which includes doubling its modern fleet and extending its destination network to serve more cities across Saudi Arabia, the Middle East, Europe, and beyond. By prioritizing operational efficiency, competitive pricing, and customer-centric services, flynas continues to redefine affordable air travel while maintaining the highest standards of safety and reliability.

This development further reinforces flynas’ pivotal contribution to the Kingdom’s civil aviation sector objectives under Saudi Vision 2030. The airline plays an essential role in connecting the world to Saudi Arabia, bolstering the national economy, and ensuring smooth, accessible journeys for the guests of the Two Holy Mosques – Custodian of the Two Holy Mosques King Salman bin Abdulaziz Al Saud and His Royal Highness Prince Mohammed bin Salman bin Abdulaziz Al Saud, Crown Prince and Prime Minister.

Celebrate Ramadan with Air Arabia – Enjoy Up to 40% Off Flights

Published: Tuesday, February 17, 2026
Celebrate Ramadan with Air Arabia – Enjoy Up to 40% Off Flights
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Air Arabia, the award-winning low-cost carrier, today announced a limited-time Ramadan promotion, delivering up to 40% discounts on flights to popular destinations across its network. Travelers can unlock these exclusive fares by applying promo code RAMADAN2026 during checkout between 8:00 p.m. and 5:00 a.m., with bookings valid until 5:00 a.m. on February 21, 2026, for travel from April 1 to April 15, 2026.

This seasonal campaign caters to the heightened demand for family reunions and spiritual journeys during Ramadan, a peak travel period in the Middle East where airlines report up to 30% surges in bookings. The tiered discounts apply across three fare families, enhancing affordability without compromising on essentials.

Key Offer Details:

  • Basic Fare: 20% off, including hand baggage.

  • Value Fare: 30% off, with hand baggage, 20kg checked bag, seat and meal selection, plus rebooking and cancellation flexibility.

  • Ultimate Fare: 40% off, featuring hand baggage, 30kg checked bag, seat and meal selection, priority check-in, and full rebooking/cancellation options.

Featured destinations include Bangkok (Thailand), Cairo (Egypt), Kuwait City (Kuwait), Istanbul (Turkiye), Amman (Jordan), Delhi (India), Muscan (Oman), and Tbilisi (Georgia), ideal for festive getaways.

“Ramadan is a time for connection and reflection, and we’re thrilled to make travel more accessible for our passengers,” said an Air Arabia spokesperson. “This promotion reflects our commitment to value-driven service amid rising regional travel trends.”.

Offer terms: Valid on selected routes and flights, subject to availability and fare rules. Promo code required at booking; not applicable retroactively.

About Air Arabia

Air Arabia is a leading low-cost airline headquartered in Sharjah, UAE, operating an extensive network across the Middle East, North Africa, Asia, and Europe. Renowned for reliability and affordability, it serves over 170 routes with a modern fleet.

Qatar Airways Holidays Introduces Travel Packages for World Cup 2026

Published: Saturday, January 10, 2026
Qatar Airways Holidays Introduces Travel Packages for World Cup 2026
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Qatar Airways Holidays has officially launched its range of ticket-inclusive travel packages for the FIFA World Cup 2026, giving fans from around the world a chance to attend football’s biggest tournament with all travel arrangements seamlessly managed by the airline.

The 2026 edition of the FIFA World Cup will be the first to be jointly hosted by the United States, Mexico, and Canada, featuring a record 48 participating teams and expanding to 16 host cities across North America. It promises to be the largest tournament in World Cup history, and Qatar Airways is among the first global airlines to roll out dedicated travel solutions for fans.

Four Package Categories

The airline’s packages are divided into four options — Single Match, Follow My Team, Knockout Series, and Final Round Series — designed to suit different fan preferences.

  • Single Match Package: Prices start at USD 4,500 per person for the Gold category and USD 3,700 for the Silver category, including one match ticket, flights, accommodation, and transfers.

  • Follow My Team Package: Tailored for passionate supporters wishing to attend all their favorite team’s matches throughout the tournament.

  • Knockout Series and Final Round Series: Created for those aiming to witness the high-stakes stages, including quarterfinals, semifinals, and the grand final.

According to Qatar Airways Holidays, all packages are inclusive of return flights, premium hotel stays, ground transportation, and official FIFA match tickets, ensuring a hassle-free and fully coordinated experience.

Compliance and Booking

The airline emphasized that guests purchasing these packages are required to comply with FIFA’s Ticket Terms of Use and the Stadium Code of Conduct, which outline safety and attendance regulations in all World Cup venues.

Travelers can access detailed itineraries, inclusions, and booking options through the Qatar Airways Holidays portal, where a digital brochure is available for download at qatarairwaysholidays.com.

Qatar Airways and FIFA Partnership

Qatar Airways remains the Official Airline Partner of FIFA and continues its collaboration following its successful role as the Official Airline of the FIFA World Cup Qatar 2022™. The airline’s tie-up with FIFA highlights its longstanding commitment to global sporting events and fan engagement through luxury travel experiences.

For more information and to book packages for the FIFA World Cup 2026, fans can visit the Qatar Airways Holidays website or contact the airline’s dedicated World Cup travel desk.

Saudia Airlines and Saudi Tourism Authority Launch “Holidays Saudia” Packages at WTM 2025

Published: Wednesday, November 05, 2025
Saudia Airlines and Saudi Tourism Authority Launch “Holidays Saudia” Packages at WTM 2025
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Saudia Airlines and the Saudi Tourism Authority have signed a landmark agreement to launch and promote exclusive “Holidays Saudia” travel packages during the World Travel Market (WTM) 2025 in London, running from November 4 to 6. The strategic alliance aims to elevate visitor experiences and strengthen Saudi Arabia’s position as a premier global tourism destination.

Announced at the high-profile global travel event, the partnership marks a significant milestone for the Kingdom’s tourism ambitions. The “Holidays Saudia” initiative will offer travelers premium, curated packages featuring tours, accommodations, and travel amenities that highlight Saudi Arabia’s cultural and natural diversity.

The collaboration aligns with Saudi Arabia’s Vision 2030 objectives, which target a major increase in international visitors and a greater contribution of tourism to the national economy. Saudia Airlines will play a pivotal role in this vision by expanding its international routes and offering integrated travel solutions tailored to global travelers.

“This partnership underscores our shared commitment to making travel to and within Saudi Arabia seamless, enriching, and world-class,” a Saudia spokesperson said.

The World Travel Market provided a global platform for both Saudia and the Saudi Tourism Authority to showcase their unified efforts in connecting the world to the Kingdom. The presentation highlighted emerging opportunities across tourism, hospitality, and aviation.

The “Holidays Saudia” packages feature customized itineraries across key destinations including Riyadh, Jeddah, AlUla, and the Asir region. These experiences blend luxury, adventure, and heritage, catering to both leisure and business travelers through comprehensive offerings that include direct flights, accommodation, and ground transport.

This latest partnership complements Saudia’s ongoing initiatives to promote regional tourism and enhance passenger experiences. The national carrier aims to triple passenger traffic by 2030 through expanded connectivity and world-class service.

Industry observers view the agreement as a major step toward building a vibrant, sustainable tourism ecosystem in Saudi Arabia—one that puts the Kingdom firmly on the global travel map.

For further updates, the official channels of Saudia Airlines #الخطوط_السعودية and Saudi Tourism @SaudiTourism provide ongoing news on this exclusive collaborationion.