Shocking stat: Airlines to earn just $7.90 per passenger next year — less than what Apple makes on an iPhone cover, says IATA chief

Airlines are projected to earn a meager $7.90 per passenger in 2026, a profit margin so low that Apple makes more selling an iPhone cover. Despite connecting economies and supporting millions of jobs, the aviation …

Airlines are projected to earn a meager $7.90 per passenger in 2026, a profit margin so low that Apple makes more selling an iPhone cover. Despite connecting economies and supporting millions of jobs, the aviation industry faces persistent headwinds like supply chain issues and delivery delays, capping profitability.

US markets today: Wall Street stays flat ahead of Fed rate call; tech, retail stocks see mixed action

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Europe’s auto market: Renault & Ford join hands to counter Chinese automakers; ‘in a fight for our lives’

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