The global representative body for the airline industry, the International Air Transport Association (IATA), has issued its financial outlook for the sector for next year. It is expected that airline profitability will stabilise, despite the continuation of supply-chain issues. “Airlines are expected to generate a 3.9% net margin and a $41-billion [net] profit in 2026,” reported IATA director-general Willie Walsh. “That’s extremely welcome news considering the headwinds that the industry faces – rising costs from bottlenecks in the aerospace supply chain, geopolitical conflict, sluggish global trade, and growing regulatory burdens among them. Airlines have successfully built shock-absorbing resilience into their businesses that is delivering stable profitability.”