Breaking news

Global Airline Industry Set To Hit $1 Trillion By 2025 Despite Supply Chain Turbulence

by THEFUTURE.TEAM

December 11, 2024

The global airline industry is on track to achieve record revenues of $1 trillion by 2025, according to the International Air Transport Association (IATA). While passenger numbers continue to rise, the sector faces persistent challenges, including aircraft supply chain disruptions and operational delays.

Record Revenue and Profit Growth

IATA projects a net profit of $36.6 billion for the airline sector in 2025, a rise from the $31.5 billion expected in 2024. Passenger traffic remains strong, with a record 5.2 billion passengers travelling in 2024. Although growth in 2025 is forecasted to be more moderate, it will still contribute to a sustained recovery following the COVID-19-induced collapse of 2020, which saw industry losses of $140 billion.

Follow THE FUTURE on LinkedIn, Facebook, Instagram, X and Telegram

Lower fuel prices are providing some relief for airlines. Brent crude oil prices have declined by 20% over the past year, easing operating costs. The outlook is further supported by expectations of looser fiscal policies worldwide, which could bolster consumer purchasing power and drive global economic growth.

Supply Chain Disruptions Hamper Expansion

Despite positive financial projections, airlines face significant operational challenges. Strikes and technical issues at major aircraft manufacturers Boeing and Airbus have delayed deliveries of new, more fuel-efficient planes. These delays are problematic for airlines seeking to modernise their fleets and reduce fuel costs.

Boeing’s production of the 737 MAX aircraft was disrupted after a seven-week strike involving more than 70,000 employees. Following a new labour agreement that includes a 38% wage increase over four years, production has resumed. However, the backlog of more than 4,000 pending orders poses a logistical hurdle for Boeing as it seeks to meet growing airline demand.

A Look Ahead

As the airline industry edges closer to the $1 trillion revenue milestone, it must navigate both opportunities and obstacles. Rising passenger numbers and easing fuel costs are key growth drivers. However, production delays at Boeing and Airbus highlight the fragile nature of the sector’s supply chain.

The coming years will be defined by how well the industry adapts to these challenges. Airlines reliant on timely fleet upgrades may face operational setbacks, but the overall outlook remains positive. With strong global demand, increased profits, and declining fuel costs, the sector is poised for continued growth—though not without turbulence along the way.

The Future Forbes Realty Global Properties

EU Business Gas Prices Edge Up In Early 2026, But Remain Below Year-Earlier Levels

by THEFUTURE.TEAM

November 6, 2026

Gas prices for businesses across the European Union edged higher in the first half of 2026, but remained below their level a year earlier, according to Eurostat. The figures show a modest increase in average costs alongside a rising tax share of the final bill.

For non-household consumers using between 10,000 and 100,000 gigajoules of gas annually, the average price reached €0.06 per kilowatt-hour (kWh). That was 1.8% above the second half of 2025, but 6.7% lower than in the first half of 2025.

Follow THE FUTURE on LinkedIn, Facebook, Instagram, X and Telegram

Taxes Make Up A Larger Share Of Business Bills

Taxes accounted for 17.5% of the final gas price in the first half of 2026, up from 15.9% in the previous six months and 16.4% in the same period a year earlier.

The increase in the tax share came even as average prices fell year over year. It highlights how the composition of energy costs can shift independently of the overall price businesses pay.

Sweden Has The EU’s Highest Business Gas Prices

Gas prices varied considerably across the bloc. Sweden recorded the highest average price for non-household consumers, at €0.11 per kWh, followed by Finland at €0.09 and the Netherlands at €0.08.

Bulgaria and Belgium had the lowest prices, with businesses in both countries paying an average of €0.04 per kWh.

Prices Fell In 24 Of 25 EU Countries

The annual decline was widespread. Of the 25 EU countries with available data, 24 reported lower average business gas prices in the first half of 2026 than in the same period of 2025.

Belgium and France saw the sharpest falls, with prices down 13.1% in each country. Lithuania recorded a 12.5% decline, followed by Hungary at 11.6% and Bulgaria at 10.8%.

Sweden was the sole country where prices rose year over year, increasing 3.1%.

A Mixed Picture For Business Energy Costs

The data points to lower gas costs for businesses across most of the EU compared with a year earlier, despite a slight increase from the previous half-year. At the same time, the growing tax share means that falling average prices have not translated into a smaller tax contribution to the final bill.