Global airlines set for record $41 billion net profit next year, IATA says
By Joanna Plucinska and Olivia Le Poidevin
GENEVA, Dec 9 (Reuters) - Global airlines trade body IATA said on Tuesday the airline sector would post record profits next year despite ongoing supply chain issues leading to slower aircraft deliveries and a delay in rolling out more fuel-efficient jets.
The projection comes as plane manufacturer Airbus AIR.PA cut its plane delivery target for 2025, citing a quality issue with some metal fuselage panels on its A320 planes.
The world's leading jetmakers Airbus and Boeing BA.N have both faced delivery delays to their airline clients in recent years.
Without newer, more efficient planes, airlines say they cannot cut back fuel costs while flying more people.
Still, IATA struck an optimistic note for the year to come.
"Airlines have successfully built shock-absorbing resilience into their businesses that is delivering stable profitability," said International Air Transport Association director general Willie Walsh in a statement.
Related Articles
US Injects Liquidity: Bitcoin Dips, Grayscale Optimistic for 2026 Highs
Despite further liquidity release by the U.S., Bitcoin prices remain weak, with USD 80,000 serving as a key support.
World's Richest Man Musk: Hard to Dethrone? Tesla Stock Breaks Through Again, Just One Step Away from a New High!
TradingKey - On December 15, local time, during US stock trading, Tesla's stock price surged nearly 4.9% at one point, reaching an intraday high of $481.77. This marked the highest level in nearly a year and once again approached its historical high. Simultaneously, it also propelled CEO Elon Musk's
U.S. November Nonfarm Payrolls: What Does the Rare "Weak Jobs, Strong Economy" Mix Mean for U.S. Equities?
TradingKey - The U.S. economy will likely maintain a divergent pattern of weak employment but robust growth in 2026...Therefore, the Fed is highly likely to scale up the magnitude of rate reductions in 2026.
Netflix Stock Analysis: Why Netflix Stock Keeps Falling, and When Should Investors Buy Netflix Stock?
While the final terms for Netflix's acquisition of WBD remain uncertain in the short term, we view the recent decline, driven by market sentiment, as a significant long-term undervalued opportunity. The return to more realistic valuations enhances the investment appeal of Netflix stock.
Gold Price Steady Climb and the Sudden Surge of Silver and Copper: Will Their Bull Run Extend Into 2026?
Dow Jones Market Data shows this marks the first time since 1980all three metals—gold, silver, and copper—simultaneously refreshed their all-time highs in the same year. Will this rally extend into 2026?
