War, fuel costs, airspace disruptions drive Gulf Airlines toward $4.3 billion loss

The Times Kuwait

War, fuel costs, airspace disruptions drive Gulf Airlines toward $4.3 billion loss

IATA forecasts passenger demand in the Middle East will decline by 11.4 percent in 2026, while airline capacity is expected to contract by 4.4 percent. As a result, regional carriers are projected to record a net margin of minus 6.1 percent, compared with a positive 9.4 percent in 2025. Despite efforts by major carriers to … The post War, fuel costs, airspace disruptions drive Gulf Airlines toward $4.3 billion loss appeared first on Times Kuwait .

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