Ethiopian Airlines Faces Rising Fuel Costs Amid Global Aviation Profit Slump
Fuel expenses now account for 54% of Ethiopian Airlines' operating costs, as conflict in West Asia has doubled jet fuel prices and dampened regional demand. Despite these financial pressures, the carrier's leadership maintains that the airline expects to remain profitable. This struggle mirrors a wider industry trend, with IATA predicting that global airline profits will be halved in 2026 due to fuel spikes and Middle East disruptions. While some reports suggested Ethiopian Airlines might cut domestic flights to offset costs, the company has officially denied those claims.
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Ethiopian Airlines denies reports of domestic flight cuts amid rising fuel costs - Ethiopia Observer
Ethiopian Airlines weighs domestic flight cuts amid soaring jet fuel costs 6 days ago · A reliable, diverse and insightful voice on Ethiopia. Dedicated to telling stories about Ethiopian politics, culture and history. Home 2026 May 12 News Ethiopian Airlines denies reports of domestic flight ...
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