Reported 2 days ago
Global airlines have revised their 2025 profit forecast downward, expecting a combined profit of $36 billion due to trade tensions, decreased consumer confidence, and unacceptable delays in jetliner deliveries. The International Air Transport Association (IATA) reported that, while profits are projected to rise from last year's $32.4 billion, challenges such as aircraft delivery delays and rising operational costs pose risks to future profitability. The forecasts indicate that industry-wide revenues will also be impacted, highlighting the broader economic implications.
Source: YAHOO