Dhaka, June 3 -- Airline revenues are expected to hit a record high of nearly US$1 trillion in 2025, with industry net profit projected to remain steady at around US$36 billion, according to the International Air Transport Association (IATA).

However, IATA warned on Monday (June 2) that ongoing trade tensions-particularly US-imposed tariffs-are dragging on the sector. The association noted that airline performance, along with growth in both passenger and cargo volumes, has fallen short of forecasts made at the end of 2024.

Speaking at Iata's annual general meeting in New Delhi, Walsh said that he anticipates "airlines flying more people and more cargo in 2025 than they did in 2024, even if previous demand projections have been dented by...