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IATA warns of ‘me-first’ risks
Manila Bulletin
|January 12, 2026
The fragmentation of decades-long multilateral agreements on global trade is expected to create disruptions that could threaten a potential record year for airlines in terms of earnings, the International Air Transport Association (IATA) said.
IATA projects the global airline industry will grow net income by 3.8 percent to $41 billion this year from last year’s $39.5 billion.
While this would set a new record for airlines, net profit margin is expected to remain unchanged at 3.9 percent, reinforcing its reputation as one of the lowest-margin industries.
“In per-passenger and US (United States) dollar terms, the industry’s anticipated net profit equates to $7.90—below what Apple earns from selling one iPhone cover,” IATA said in its assessment.
This story is from the January 12, 2026 edition of Manila Bulletin.
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