Jauhn Etienne Villaruel

Passengers flock to the Ninoy Aquino International Airport Terminal 2 in Pasay City on March 25, 2024. Mark Demayo, ABS-CBN News

Article (news)

Holy Week Exodus Starts

Agence France-Presse

<div><span class="fr-img-caption fr-fic fr-dib" style="width:960px"><span class="fr-img-wrap"><img src="https://od2-image-api.abs-cbn.com/prod/editorImage/173382635908120240325-naia-holy-week-travel-MD-.jpg" style="width:960px" class="fr-fic fr-dib"/><span class="fr-inner" style="text-align:left">Passengers flock to the Ninoy Aquino International Airport Terminal 2 in Pasay City on March 25, 2024. <em>Mark Demayo, ABS-CBN News</em></span></span></span></div><p>GENEVA, Switzerland — Air passenger numbers are forecast to top five billion for the first time next year and the sector&#x27;s revenues will break the trillion-dollar barrier, the global aviation body IATA said Tuesday.</p><div><a href="https://www.abs-cbn.com/news/business/2024/12/10/cebu-pacific-to-offer-p88-flight-tickets-on-12-12-sale-1230">Cebu Pacific to offer P88 promo fares on 12.12 sale</a></div><p>&quot;Passenger numbers are expected to reach 5.2 billion in 2025, a 6.7 percent rise compared to 2024 and the first time that the number of passengers has exceeded the five billion mark,&quot; the International Air Transport Association said in a statement.</p><p>Total industry revenues are meanwhile forecast at $1.007 trillion, helped by falling oil and fuel prices, &quot;the first time that industry revenues top the $1 trillion mark,&quot; it added.</p><p>Revenues will be up 4.4 percent from 2024, it said.</p><p>&quot;All of this gives us a financial performance which I think is absolutely worth popping the champagne&quot; after a post-pandemic bounce-back, IATA chief economist Marie Owens Thomsen told a news conference in Geneva.</p><div><a href="https://www.abs-cbn.com/world/2024/10/17/philippines-four-southeast-asian-neighbors-agree-to-share-aviation-safety-data-1319">Philippines, four Southeast Asian neighbors agree to share aviation safety data</a></div><p>IATA&#x27;s Director General Willie Walsh said in the statement that IATA expected profits of $36.6 billion despite &quot;persistent supply chain challenges, infrastructure deficiencies, onerous regulation and a rising tax burden&quot;.</p><p>IATA represents around 340 companies that account for 80 percent of world air traffic.</p><p>Airlines have been hit by rising fuel costs since Russia invaded Ukraine in 2022 but IATA said it expected this factor to ease next year, with the cost of jet fuel averaging $87 a barrel, down from $99 in 2024.</p><p>&quot;Lower oil prices and resulting fuel costs are a major driver of improved prospects for airlines in 2025,&quot; it said.</p><p>&quot;Should these not materialize for any reason and considering the industry&#x27;s thin margins, the outlook could change significantly.&quot;</p><div><strong>RELATED VIDEO</strong></div><div><strong><span class="fr-video fr-deletable fr-fvc fr-dvb fr-draggable" contenteditable="false" draggable="true"><iframe width="640" height="360" src="https://www.youtube.com/embed/MOsG33fFwAw?&amp;wmode=opaque&amp;rel=0" frameBorder="0" allowfullscreen="" class="fr-draggable"></iframe></span></strong><br/></div>

<p>Total industry revenues are meanwhile forecast at $1.007 trillion, helped by falling oil and fuel prices.</p>

Total industry revenues are meanwhile forecast at $1.007 trillion, helped by falling oil and fuel prices.

Air passenger numbers to top 5 billion in 2025: IATA

News

Entertainment

Lifestyle

Sports

Metro.Style

More

Sudoku

Word of the Day

Lotto

Horoscope

Business

Air passenger numbers to top 5 billion in 2025: IATA

Agence France-Presse

Published December 10, 2024 06:37 PM PHT

Read More:

Geneva

Switzerland

aviation

earnings

travel

air travel

ANC

ANC promo

ABSNews

Agence France-Presse

ABS-CBN Newsletter

Your go-to source for the latest news, entertainment highlights, exclusive interviews, and updates on your favorite Kapamilya stars.

ABS-CBN Newsletter

Your go-to source for the latest news, entertainment highlights, exclusive interviews, and updates on your favorite Kapamilya stars.

Sign Up

I have read and agree to the Terms and Privacy Policy.

ABS-CBN is the leading media and entertainment company in the Philippines, offering quality content across TV, radio, digital, and film. Committed to public service and promoting Filipino values, ABS-CBN continues to inspire and connect audiences worldwide.

Corporate

Investors

Governance

International Distribution

Corporate

Governance

Investors

International Distribution

NPC Seal of Registration

Privacy Policy

AI Policy

Terms of Service

Advertise with Us

© 2026 ABS-CBN Corporation. All Rights Reserved.

NPC Seal of Registration

Privacy Policy

Terms of Service

AI Policy

Advertise with Us

© 2026 ABS-CBN Corporation. All Rights Reserved.

NPC Seal of Registration

Privacy Policy

Terms of Service

AI Policy

Advertise with Us

© 2026 ABS-CBN Corporation. All Rights Reserved.