IATA Halves 2026 Airline Profit Forecast on Fuel Shock | Delta LAX-HKG Launch & Airport Updates | Aviation Insights 8–14 June 2026
IATA has slashed its 2026 global airline net profit forecast nearly in half to $23 billion amid surging fuel costs and Middle East disruptions. This week’s executive briefing covers Delta’s new daily Los Angeles–Hong Kong A350 service, Swissport’s major Shanghai Pudong cargo terminal launch, Riyadh Air’s UK expansion, Volaris US route growth, and key airport sustainability and capacity projects from Greenville-Spartanburg to India and Vietnam.