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Prediction: Airlines flying high from '24 to '25

Economics
Aviation
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Prediction

The International Air Transport Association (IATA) predicts 10% growth in passenger numbers in 2024 – back to pre-COVID levels - but with changes in the connectivity provided by airlines globally. 2024 is predicted to be the first year to exceed unique city pair numbers seen in 2019 – rising to more than 22,000 - and with a mirrored increase in the overall value of trade carried. We predict increased connectivity in 2025, particularly for Asia-Pacific markets and Europe-APAC connectivity which has to date been hampered by the war in Ukraine. We also see continued improvements in the global safety profile of the industry. The International Civil Aviation Organisation (ICAO) 2024 Safety Report highlights the preceding year as the safest in the past five years in respect of global accident rate, number of fatal accidents, total fatalities and fatality rate. We anticipate continuing progress, notwithstanding the increase in flight and passenger traffic.

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