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Arab airlines set to record a collective net loss of €3.82 billion in 2026, AACO report reveals

At its AGM held this week in Doha, the Arab Air Carriers’ Organization raised concerns over EU carbon regulations, as airlines look to boost European connectivity amid ongoing regional uncertainty.

READ MORE : http://www.euronews.com/2026/11/05/arab-airlines-set-to-record-a-collective-net-loss-of-382-billion-in-2026-aaco-report-revea

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00:05The Middle East is home to some of the world's biggest airlines, but regional conflict has
00:09disrupted flights and driven up costs.
00:12Now, more than 200 aviation leaders are meeting here in Doha to discuss the challenges facing
00:17the industry and the flight path ahead.
00:20A projected $4.3 billion loss.
00:24That's what the Arab Air Carriers Organization is forecasting for its member airlines this
00:29year.
00:29As industry leaders gather in Doha, Emirates says it's bouncing back after months of disruption.
00:35We managed to put the airline back to almost, I would say, 91 percent of the capacity recovered.
00:42We recovered almost the network back to where we left it, almost 98 percent.
00:47There's also a dispute over Europe's plans to expand its carbon emissions rules.
00:52From 2029, the European Commission wants to extend its carbon trading system to flights
00:57leaving Europe for destinations within 5,000 kilometers of Frankfurt.
01:02Arab Airlines say the proposal unfairly targets certain routes, infringes on national sovereignty,
01:07and could drive up ticket prices.
01:09So this is extraterritoriality, trespassing on the sovereignty of others.
01:15You start from Turkey, through Iraq, down to up till Dubai, up till Sudan, Egypt, up till Morocco.
01:26Meanwhile, Qatar Airways is increasing flights to European destinations.
01:30Europe remains a key market for Qatar Airways.
01:34This winter, increasing flights to major cities, including London Heathrow and Frankfurt,
01:39giving traveller flexibility and better connection through Doha to our global network.
01:44And despite the challenges, airlines are looking for common ground.
01:48It's good to have a healthy competition going on while we work together.
01:52Despite a turbulent year, airlines across the region are still looking to expand.
01:57The challenge now is managing rising costs and ongoing disruptions while planning for future growth.
02:04Ava Halim, Euronews, Doha.

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