The International Air Transport Association (IATA) has announced its financial outlook for the global airline industry in 2025 which forecasts a strengthening of profitability and further rises in annual passenger traffic figures which will breach the five billion passenger mark for the first time in the history of the industry.   

According to IATA’s Director General, Willie Walsh speaking at IATA’s 2024 Global Media Day in Geneva, Switzerland on December 10, 2024, the net profits for the global airlines industry in 2025 are expected to be $36.6 billion based on a 3.6% net profit margin. Describing the 2025 net profits figure as a “slight improvement” over the expected $31.5 billion net profit for 2024 (3.3% net profit margin), Walsh added that the average net profit per passenger is expected to be $7.0 (below the $7.9 high in 2023 but an improvement from $6.4 in 2024). 

Total industry revenues are expected to be $1.007 trillion, representing an increase of 4.4% from 2024. The figure will be the first time that annual industry revenues have broken the $1 trillion mark in a single year.  

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