Global airline industry to record net profit of $36.6 bn in 2025: IATA

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Global airline industry to record net profit of $36.6 bn in 2025: IATA - Business Standard

Quick Summary:

The global airline industry is projected to report a net profit of USD 36.6 billion in 2025, slightly higher than expected this year, helped by lower oil prices and cost control, IATA said on Tuesday.

In 2025, the International Air Transport Association (IATA) expects the industry's revenue to cross the USD 1 trillion mark for the first time to USD 1.007 trillion, which will be an increase of 4.4 per cent compared to 2024.

Passenger numbers are expected to rise 6.7 per cent to 5.2 billion next year compared to 2024.