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Aviation industry
                                            News from the aviation world







































              Edited by: Pantelis Paidousis




                                           IATA’s outlook for air transport  revenues will remain broadly flat com-
                                           According to the International Air Trans-  pared to 2024 and forecasts a net profit
                                           port Association (IATA), passenger traf-  of USD 36.0 billion at a still meagre 3.7%
                                           fic growth will decelerate to 5.8% y/y in   net profit margin. Although this perfor-
                                           2025, down from 10.6% y/y in 2024. On   mance is among the best in the industry’s
                                           top of some macroeconomic develop-  history, it still represents only half of what
                                           ments, such as the deceleration of the   all global industries achieve on average.
                                           global economy to around 2.5% GDP,
                                           supply chain issues will continue  to  AEGEAN invests in two new
                                           prevent airlines from realising their full  Airbus A321neo XLR aircraft
                                           growth potential and curtail progress on  with even greater range and
                                           reducing CO2 emissions.           comfort
                                           IATA also expects a substantial slowdown   AEGEAN will add  two new  Airbus
                                           in air cargo growth in 2025, to only 0.7%   A321neo XLR (Extra Long Range) air-
                                           y/y. Aircraft deliveries are now lagging   craft to its fleet, which offer even longer
                                           behind their peak levels by 30%. As a   range of up to 10.5 hours, accelerating the
                                           result, the aircraft backlog has risen to   initiation of its flights to India in March
                                           a record-high of 17,000 aircraft. If this   2026. With this addition, AEGEAN’s Air-
                                           backlog increase were assumed to be   bus A320/A321 neo order stands at 60
                                           caused solely by delivery delays, it would   aircraft, of which 36 have already been
                                           indicate that airlines are short of 5,400   delivered (to date).
                                           aircraft, i.e., 18% of the active fleet. Given   The capabilities and comfort features of
                                           the expected annual production of around   the A321neo XLR aircraft expand AEGE-
                                           2,000 aircraft, this may take three to five   AN’s options for new additional connec-
                                           years to resolve.                 tions, offering 2.5 hours more than the
                                           In 2025, IATA anticipates that airlines’   A321neo LR and 4.5 hours more than the

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