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Willie Walsh’s Report on the Air Transport Industry at the 81st IATA AGM
In 2025 airlines will make a $36 billion profit on revenues of $979 billion. While those are big numbers, let’s remember this equates to a net margin of a mere 3.7% or $7.20 net profit per passenger. Our profitability is not commensurate to the enormous value that we create at the heart of a value chain supporting 3.9% of global GDP and providing and supporting jobs for 86.5 million people.
In 2025 airlines will make a $36 billion profit on revenues of $979 billion. While those are big numbers, let’s remember this equates to a net margin of a mere 3.7% or $7.20 net profit per passenger.
Our profitability is not commensurate to the enormous value that we create at the heart of a value chain supporting 3.9% of global GDP and providing and supporting jobs for 86.5 million people.
