Check out what we’ve got for you in this edition of the PGL Aviation Review
2026 IATA outlook. Revenues and profits of airlines on the rise, margins remain low
Dual-use airports in Poland – a viable symbiosis?
Podsumowanie miesiąca w spółkach
With great pleasure, we present to you the latest edition of our newsletter, in which we focus on key events and achievements in the aviation industry both in Poland and abroad.
In the first main topic: 2026 IATA outlook. Revenues and profits of airlines on the rise, margins remain low.
The second feature: Dual-use airports in Poland – a viable symbiosis?
In the ‘Company News’ section: LOT Aircraft Maintenance Services has launched a new line maintenance station at Kraków-Balice Airport, Aircraft de-iced by LSAS staff. LS Technics reaches 1,000 employees! LOT Polish Airlines has taken delivery of the first of thirteen Boeing 737 MAX 8 aircraft and a special training session at PAL.
We wish you pleasant reading
The Editorial Team
IATA forecasts that airline revenues will exceed $1.053 trillion in 2026. Profits will reach $41 billion to exceed the 2025 result, but profitability will remain low at 3.9 percent per passenger. In 2026, more than 5.2 billion people are expected to take advantage of services rendered by airlines – up 4.4 percent from today.
‘Airlines earn less from carrying one passenger than Apple makes on selling one phone case’ – said Marie Owens Thomsen, Chief Economist, IATA. Airlines currently earn $7.90 per passenger, down from a record $8.50 in 2023. However, despite persistently low margins, airlines will be better off in 2026 than they are today.
The latest forecasts show that airlines continue to exhibit remarkable resilience in the face of extremely difficult operating conditions. The carriers’ projected profits to be generated in 2026 are higher than in 2025, breaking the previous record. The net margin remains stable at 3.9 percent. The progress made is encouraging, despite remaining modest for an industry that connects global economies and provides 87 million jobs’
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Willie Walsh
head of IATA
During the Aviation Future Forum, one of the panel discussions was devoted to dual-use airports. What is the current demand for such airports in Poland and what are the outlooks concerning cooperation between port authorities and the military?
In the face of rising geopolitical tensions and recent armed conflicts, airport infrastructure is increasingly perceived not only as a component of the civilian transportation market, but also as a resource of strategic importance. Dual-use airports, combining civilian and military functions, are becoming one of the key links in the security system. At the same time, however, they raise questions concerning their resilience, management or adaptation of infrastructure. These issues, among others, were discussed by industry representatives during the debate.
Click on the Company photos on the right to go to the monthly summary.
Lucyna Kowalczyk
PGL
Joanna Krzyżaniak
PLL LOT
Eliza Mosionek
LOTAMS
Weronika Szymańska
LS Technics
Aneta Przybylska
LSAS
Anastazja Woitiul
PAL
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