Global air passenger numbers are projected to surpass five billion in 2025, marking a significant milestone in the aviation industry's post-pandemic recovery, the International Air Transport Association (IATA) announced.
Passenger numbers are expected to reach 5.2 billion, reflecting a 6.7% increase compared to 2024, according to IATA. This will be the first time passenger figures exceed the five billion mark. Industry revenues are forecast to top $1 trillion for the first time, driven by falling oil and fuel prices.
"All regions are expected to show improved financial performance in 2025 compared to 2024, with all collectively achieving net profits,"
IATA stated. However, profitability will vary across regions. African airlines are expected to post the weakest net profit margin at 0.9%, while Middle Eastern carriers will likely lead with an 8.2% margin.
IATA Chief Economist Marie Owens Thomsen noted the progress was worth celebrating, saying,
“This financial performance is absolutely worth popping the champagne for.” Despite challenges, the organization expects a $36.6 billion profit in 2025, supported by rebounding demand.
However, IATA Director General Willie Walsh expressed frustration over aircraft and engine supply delays. Only 1,254 planes were delivered in 2024—30% fewer than forecast—leaving a backlog of 17,000 undelivered planes. This is forcing airlines to operate older, less efficient aircraft.
Despite persistent supply chain disruptions and rising regulatory burdens, the aviation sector continues to soar towards record-breaking achievements.
News Source: Emirates News Agency