Global Airlines to See Record 5.2 Billion Passengers, $1 Trillion Revenue in 2025

Dec 10, 2024, 10:37 AM

The International Air Transport Association (IATA) has forecasted a record-breaking year for the global airline industry in 2025, expecting to transport 5.2 billion passengers, surpassing the previous high of 5 billion. This growth is attributed to a decline in jet fuel prices, enhancing profitability. IATA predicts that the industry will generate a net profit of $36.6 billion, up from $31.5 billion in 2024, with global revenues projected to exceed $1 trillion for the first time, marking a 4.4% increase from 2024. The forecast also highlights the industry's resilience and recovery from the impacts of the global health crisis, with airlines set to benefit from a combination of increased passenger numbers and lower fuel costs.