Global airline body IATA is expecting an industry-wide 2025 revenue of more than a trillion dollars and record passenger numbers, despite what its chief Willie Walsh said were “unacceptable” difficulties in securing new planes.
Airlines around the world have seen their growth hampered by problems at Boeing (BA.N) and Airbus (AIR.PA) which have delayed jet deliveries. Without newer, more efficient planes, airlines say they cannot cut back fuel costs while