Willie Walsh has told the aviation industry that international aviation growth in 2025 is expected to be healthy at 5.8pc, albeit slightly lower than previous forecasts
In his address to the IATA Congress explained that the reduction in revenue is largely balanced by lower oil prices, contributing to a net outcome around 36bn. A drop in fuel prices has historically affected ticket prices directly
Mr Walsh indicated that various economic factors, including slower growth and reduced fares, have influenced the overall revenue outlook The revenue projection has been decreased from just over a trillion US dollars to 979bn.
