The number of passengers is expected to reach 5.2 billion in 2025, a 6.7% increase from 2024.
The International Air Transport Association (IATA) has forecast an improvement in the financial performance of the global airline industry in 2025 despite persistent supply chain issues. IATA expects net profits to reach $36.6 billion, a slight increase from the anticipated $31.5 billion in 2024. Additionally, an average net profit per passenger of $7.0 is expected, an improvement from $6.4 in 2024.
The operating profit for 2025 is projected to be $67.5 billion, an…
Boutique Travel VC raises investment cap from $1.5M to $10M to lead rounds and support portfolio companies through growth Travel...
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