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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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