The boss of British Airways warned today that the aviation industry could lose as much as $7bn (€5.7bn/£3.85bn) this year as high oil prices take their toll.
Rod Eddington said the rising fuel bills faced by airlines meant that industry losses would be steeper than the $5bn (€4bn/£2.75bn) deficit in 2004.
CONNECT WITH US TODAY
Be the first to know the latest news and updates
Newsletter
News and analysis on business, money and jobs from Munster and beyond by our expert team of business writers.
Push Notifications
By clicking on sign up you will be the first to know about a selection of business content on this browser. Please note if you are unable to sign up via your mobile web browser, download and sign up for mobile push notifications via our FREE news app.
Sign UpNewsletter
News and analysis on business, money and jobs from Munster and beyond by our expert team of business writers.
Newsletter
Get a lunch briefing straight to your inbox at noon daily. Also be the first to know with our occasional Breaking News emails.
Saturday, September 26, 2026 - 8:00 AM
Friday, September 25, 2026 - 6:00 PM
Friday, September 25, 2026 - 11:00 PM
