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Airlines cut 2025 forecasts to 4.99 billion trips due to economic challenges, reports IATA.
Airlines have lowered their 2025 forecasts due to global economic challenges, predicting just under 5 billion air journeys, down from 5.22 billion previously. The International Air Transport Association (IATA) expects airline profits of $36 billion, $600 million less than anticipated, and revenues of $979 billion. IATA Director General Willie Walsh warned against including aviation in trade disputes, highlighting the sector's resilience despite the economic headwinds.
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