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news El Sudcaliforniano 2026-06-07

Global Conflict Slashes Airline Profit Forecasts for 2026 Due to Rising Fuel Costs

The International Air Transport Association (IATA) has significantly reduced its profit projections for airlines in 2026. This downward revision is largely attributed to the ongoing conflict in Iran, which is driving up global fuel prices and impacting air travel routes worldwide.

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