The global airline industry stands to earn $36.6 billion in net income in 2025, driven by a record 5.2 billion passengers taking to the skies, the industry’s top lobby group said in its annual forecast. The outlook represents a 16% gain on 2024 figures. Profit margins for the industry will be 3.6%, higher than the […]
The global airline industry is expected to reap net profits of US$36.6 billion in 2025, up 16 per cent from an estimated US$31.5 billion this year, despite ongoing cost and supply chain challenges, an international trade body has said, while predicting more affordable airfares. The International Air Transport Association (IATA) said the increase would be […]