Overview

• IATA trimmed its 2025 profit forecast to $36.0 billion from $36.6 billion, attributing the revision to U.S. tariffs and softer consumer demand
• Industry revenues are now projected at a record $979 billion, a 1.3% increase over 2024 that falls short of the previously expected $1 trillion
• Jet fuel prices averaging $86 per barrel are reducing costs but yield just $7.20 in profit per passenger per segment
• A backlog of about 17,000 undelivered aircraft is straining airlines’ capacity plans and driving up maintenance and leasing expenses
• The Asia-Pacific region is set to lead growth with a projected 9% rise in revenue passenger kilometers for 2025