The war in Iran is shaking up global aviation: airlines are holding an emergency meeting in Rio

The world's top airline executives will meet this weekend in Rio de Janeiro against a backdrop of particularly tense conditions for the sector. The war in Iran, which is disrupting energy markets and international air routes, has become the primary concern for airlines, which are facing rapidly rising operating costs.

The International Air Transport Association's annual summit, held from June 6 to 8, will bring together hundreds of executives from airlines, manufacturers, suppliers, and investors. The organization represents more than 370 airlines, accounting for approximately 85% of global air traffic.

Before the outbreak of the conflict, the sector was anticipating a record year with profits estimated at $41 billion. But the surge in fuel prices, triggered by tensions in the Middle East, now threatens these forecasts. Analysts expect the financial outlook to be revised downward at the meeting.

Airlines are also facing numerous operational disruptions. The closure or avoidance of certain airspaces is forcing many carriers to make long detours, increasing fuel consumption and travel times. Major hubs in the Gulf, which play a vital role in international connections, are particularly vulnerable to these difficulties.

Faced with rising costs, several companies are already testing fare increases to protect their profit margins. So far, travel demand remains relatively strong, but carriers are closely monitoring the potential impact of higher ticket prices on passenger behavior.

Beyond the immediate crisis, industry leaders will also have to address other major challenges, including persistent delays in aircraft deliveries and difficulties in securing sustainable aviation fuel supplies. These obstacles complicate the industry's efforts to meet its climate goals, even as the sector faces one of the most severe economic turbulences since the Covid-19 pandemic.