IATA forecasts that global air passenger numbers will exceed 5bn for the first time in 2025, reaching approximately 5.2bn representing a 6.7pc increase from 2024.
At the Global Media Day in Geneva, it was revealed that the aviation industry is expected to achieve revenues of over $1 trillion in 2025, driven by declining oil and fuel prices, with a revenue increase of 4.4pc anticipated from 2024.
IATA projects profits of $36.6 billion for airlines, despite ongoing challenges such as supply chain issues, infrastructure limitations, and regulatory burdens.
The expected moderation in jet fuel prices, averaging $87 per barrel in 2025, is projected to significantly benefit airline operations and improve financial outlook, although any unexpected fluctuations could negatively impact profitability.
