Overview

• The International Air Transport Association (IATA) forecasts $1.007 trillion in revenue for 2025, marking the first time the industry surpasses the trillion-dollar threshold.
• Passenger numbers are expected to reach a record 5.2 billion in 2025, with more than 40 million flights projected globally.
• Airlines face ongoing challenges from supply chain delays, with 17,000 planes backlogged and manufacturers delivering 30% fewer aircraft than predicted in 2024.
• Falling jet fuel prices, averaging $87 per barrel in 2025, are expected to ease cost pressures and support profitability, with net profits projected at $36.6 billion for the year.
• Uncertainties remain due to global conflicts, potential regulatory shifts under the incoming U.S. administration, and debates over increased environmental taxes on aviation.