Fitch's Low-Cost Airlines in Europe, the Middle East, and Africa: Low-cost carriers are at greatest risk of being impacted by high fuel prices. Assuming that aviation kerosene prices fall back to close to pre-war levels from 2027, it is expected that traffic volume will maintain low to medium single-digit growth for the rest of 2026.

Fitch's Low-Cost Airlines in Europe, the Middle East, and Africa: Low-cost carriers are at greatest risk of being impacted by high fuel prices. Assuming that aviation kerosene prices fall back to close to pre-war levels from 2027, it is expected that traffic volume will maintain low to medium single-digit growth for the rest of 2026.