Key Takeaways

  • IATA expects airlines’ aggregate net profit to be US$41 billion in 2026.
  • Airlines have never averaged a 5% profit margin in their history.
  • Middle Eastern airlines are more profitable than European ones.
  • EU’s SAF mandates may not meet ambitious climate targets due to supply scarcity.

Strategic Implications

The EU’s current approach to SAF mandates may be too focused on price reduction rather than increasing supply, which could lead to a lack of progress in achieving the industry’s sustainability goals. The IATA chief’s comments suggest that airlines are struggling to meet their commitments due to rising prices and supply shortages, indicating a need for a more balanced approach.