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Europe's largest tour and airline group now expects full-year underlying EBIT of €1.2-1.3 billion, tightening both ends of its prior range as Middle East-driven fuel costs and a shift to later bookings squeeze its Markets + Airline division.
Etihad Airways CEO Antonoaldo Neves says the Abu Dhabi carrier expects to break even in 2026 on 90% load factors and 15-17% more capacity, even as he warns that sustained high jet fuel prices could push fares up next year and that a shortage of widebodies — not demand — is now capping growth.
Ryanair is cutting its winter traffic target by 2 million passengers to dodge unhedged jet fuel at $140 a barrel — and warning that less-hedged rivals may not survive the season.
Air China, China Eastern and China Southern swung to a combined 8.2 billion yuan ($1.22 billion) first-half loss as jet fuel costs surged 35-38%, erasing a profitable start to 2026.