IATA projects $1tn revenue, record passenger numbers by 2025
The International Air Transport Association has forecasted a milestone 2025 industry revenue exceeding $1 trillion, alongside record passenger numbers. However, IATA’s chief, Willie Walsh, highlighted significant challenges due to delays in aircraft deliveries from Boeing, Airbus, and their suppliers, which are restricting airlines’ growth. These delays stem from supply chain issues and production constraints. Airlines […]