High fuel costs to trigger airline failures and consolidation, industry chief says

Soaring jet fuel prices driven by conflict in the Middle East are likely to ​push more airlines into bankruptcy and spur more sector consolidation this year and next, the head of the global airline body said ‌on Saturday.

Jun 7, 2026 - 01:00
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High fuel costs to trigger airline failures and consolidation, industry chief says
Soaring jet fuel prices driven by conflict in the Middle East are likely to ​push more airlines into bankruptcy and spur more sector consolidation this year and next, the head of the global airline body said ‌on Saturday.

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