Global airlines record growth in 2025 - Industry expected to top $1 trillion in revenue despite challenges
Global airlines raised their profit forecasts for 2025 compared to last year, forecasting revenue to exceed a trillion dollars for the first time and a record 5.2 billion passengers globally.
Airlines around the world have seen their growth hampered by difficulties at planemakers Boeing and Airbus, which have delayed deliveries. Without newer, more efficient planes, airlines say they can't lower fuel costs while flying more passengers.
However, the International Air Transport Association (IATA) said it expected the industry worldwide to generate $36.6 billion in net profit this year, up from $31.5 billion in net profit expected in 2024.
"All of these efforts will help mitigate some of the drag on profitability that is beyond the airlines' control, namely ongoing supply chain challenges ... and the growing tax burden," said Association CEO Willie Walsh. .
This situation comes four years after the industry fell to a loss of $140 billion in 2020 as a result of the pandemic, but has quickly recovered thanks to high travel demand. Jet fuel prices are also expected to drop, providing a relief to airlines.
However, uncertainty related to global conflicts in the Middle East and Ukraine, as well as the upcoming US presidential administration could pose risks to the health of the sector, explained Air Transport Association official sources.
Passenger yield, or the average amount paid by a passenger to fly one mile, is expected to decline by 3.4% compared to 2024.
Poll
Nuclear power 'key' to 2050 targets - Report lists essential technologies to reduce emissions
Nuclear power is essential to meeting emissions targets set for 2050, according to a new report. GlobalData's Climate Tech analysis outlines five......
New record of remittances from immigrants - During nine months, about 772 million euros came to the country
Immigrant remittances have set a new absolute record during the nine months of this year, of almost 772 million euros, according to the latest figures from......
Agenda of the next EU Presidency - Energy, defense and economic security, in focus of the Polish leadership
Energy, defense and economic security will be the priorities of the European Union during the next six-month presidency of the Council, starting in January......
The gross external debt "shrinks" by 113 million euros - BSH: It falls to 40.9% of the Gross Domestic Product
Albania's gross foreign debt is estimated at 10 billion ALL. As a result of the reduction of the public debt, the stock of external debt decreased by 113......
Puna.gov.al, 5,600 job offers throughout Albania - Minister Gonxhja: New programs, initiative for inclusiveness
The Minister of Economy, Culture and Innovation, Blendi Gonxhja, announces that the commitment to support the employment and professional training of young......
2025, the year of the "growth" of AI? - Dilemmas and expectations of analysts on the evolution of new technology
Silicon Valley says that 2025 is the year when artificial intelligence will grow and become "ready for work". Technology leaders envision autonomous digital......
The rules for registering businesses change - All procedures are done online. Any person has access to the subjects' data
The government has changed the rules for providing services to businesses, making every service possible through e-Albania. Referring to the decision......
Are there enough notaries in Albania? - Sadushi: Their competencies should be increased for less cost and time
In the notary system, 410 notaries are currently on duty. But the predispositions are that this number will increase. With the changes of six years ago,......
