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Q1 2026 will still be good as Middle East conflict only started in late February 2026 as there were advance ticket sales, freight cargo orders etc. Q2 2026 & beyond will be entirely different story as jet fuel prices spiked and high ticket prices, freight and fuel surcharges starting only in May 2026 and will dampen demand.
If it is so easy to transfer cost fully, it will remain highly profitable for Q1 2026, Q2 and beyond. There is something called elasticity of demand and consumer demand destruction.