The aviation industry has had a challenging year, facing a range of difficulties including geopolitical conflicts and rising fuel costs. In February of last year, strikes by the United States and Israel against Iran caused disruptions, leading to a slow start to the spring season. Concerns about a shortage of kerosene, the fuel used by airplanes, were heightened by a weak travel market and increasing prices. Although there was a slight improvement during the summer, marked by last-minute ticket sales, the industry regained more strength in August and early September, with positive signs seen at the IFTM event, a major travel trade show. Despite these signs of recovery, ongoing issues remain, especially with the rising cost of kerosene. For some airlines, fuel accounts for 40 to 45% of their operating costs, up from 25% the previous year. While some carriers have fuel coverage agreements, they still have few options to manage the rising prices. Volotea, a Spanish low-cost airline, has reduced its winter flight schedule and canceled several routes. This has not only affected airlines but also travel agencies and customers, who are now struggling with rebooking and finding alternative travel plans. The economic model of low-cost carriers is being tested, leading some to question whether traditional charter flights might make a comeback. The industry is currently managing on an ad hoc basis, with uncertainty about which airlines to book and which routes will be affected. The risk of some airlines going bankrupt is a growing concern, and industry professionals are aware that operators may have to bear the financial burden of these challenges. The rising cost of fuel is also influencing ticket prices, which could create a ripple effect across the entire travel sector. Consumers are increasingly cautious, comparing prices and waiting for better deals before making bookings. In Europe, diesel prices reached a record high of 2.23 euros per liter this summer, with similar trends seen in unleaded gasoline. As other expenses also rise, the affordability of travel is becoming a growing concern. People may prioritize other spending over vacations, especially as fuel prices continue to climb. Looking forward, the aviation industry faces more challenges, including the 2027 finance bill, upcoming presidential elections, the possibility of strikes, and long-term changes such as the sector’s appeal and the influence of artificial intelligence. Despite these uncertainties, industry professionals remain hopeful for a recovery, though the path ahead remains uncertain.