More airlines may go bankrupt: IATA head on rising jet fuel prices

Mansi Agarwal, Published on Jun 7th, 2026

More airlines may go bankrupt: IATA head on rising jet fuel prices

International Air Transport Association Director General Willie Walsh said more airlines could go out of business or face consolidation amid rising jet fuel prices. "There will be some carriers that will find this high fuel price very difficult to cope with," he stated. Jet fuel prices have risen as tensions in West Asia have disrupted supply and complicated flight operations.

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