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U.S. carriers spent $6.5B on fuel in April; global profit forecast is cut nearly in half

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Al JazeeraBJun 8, 6:29 PM

Airline profits plummet as US fuel costs nearly double

IATA forecasts $350bn airline fuel bill for 2026, with profits dipping to their weakest margin since the COVID-19 years.

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Washington TimesCJun 8, 7:53 PM

U.S. carriers spent $6.5B on fuel in April; global profit forecast is cut nearly in half

U.S. airlines spent more than $6 billion on jet fuel in April, up 78% from a year earlier despite using slightly less fuel, government data released Monday showed. Meanwhile, the airline industry's to

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