According to the International Air Transport Association (IATA), the global aviation industry is poised for significant growth, with passenger numbers expected to reach a record 5.2 billion by 2025. This surge in air travel is anticipated to drive the industry’s total revenue beyond the US$1 trillion mark.
The increase in passenger demand reflects a 6.7% rise compared to previous years, highlighting the sector’s robust recovery and expansion.
This growth is expected to be accompanied by strengthened profitability and increased aircraft deliveries.
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