Latest data from IATA shows that the global aviation industry, for the first time, is set to achieve over one trillion US dollars in revenue this year, and data forecasts indicate that the industry is expected to continue growing in the coming years.

The industry data also shows that different regions will be growing at a considerable rate in the coming years, as airlines continue to experience record-high load factors and fleet utilization, while also expecting to achieve record-high profits in the following years.

Surpassing $1 Trillion In Revenue

The latest data published by the international air transport association (IATA) shows that the global aviation industry, for the first time, is set to surpass $1 trillion in revenue this year , marking a 4% growth from 2024 when the in

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