Global airline passenger numbers are expected to reach 5.2 billion in 2025, while combined international airline profits should hit $36.6bn.
Industry group, the International Air Transport Association (IATA) said combined profits should jump nearly 4% next year, with a near 7% rise in passenger numbers expected.
It would mark the first time global passenger numbers exceeded 5 million people in a single year.
The healthy growth figures would be despite fresh global supply chain constraints slowing airline expansion and fleet refreshment.
“We’re expecting airlines to deliver a global profit of $36.6 billion in 2025. This will be hard-earned as airlines take advantage of lower oil prices while keeping load factors…
Boutique Travel VC raises investment cap from $1.5M to $10M to lead rounds and support portfolio companies through growth Travel...
Read moreDetails
