Aviation

Aviation sector flying on fumes

The global aviation industry now operates in an era of sustained higher costs, lower certainty

Record airline profits mask fragile dynamics for carriers and suppliers

The aviation sector is on track for record industry-wide profitability despite lingering risks and uncertainties across global markets. The resilience is spurred by record passenger traffic, strong business travel demand, and a significant reduction in jet fuel prices. Collectively, these tailwinds are outweighing a slowing global economy, tariff tensions, and softening consumer confidence.