All industries have associations both domestically and internationally, these associations examine the macro approach to the industry. Most of the time there is a positive spin because they are designed to be optimistic if certain conditions apply. However somewhere in the reports are the overall trends or outlook for the industry. It is helpful as an investor you examine the trends in the industry to keep abreast of the outlook and how often the associations update the outlooks.

In an article by Emma Farge and Joanna Plucinska of Reuters, global airlines body International Air Transport Association (IATA) forecast industry-wide 2025 revenue at more than $1 trillion and record passenger numbers. Chief of the IATA Willie Walsh said there were some difficult headwinds such as supply chain problems.

Both Boeing and Airbus are behind in delivering more fuel efficient planes. Engine makers had a series of setbacks, however the aerospace industry says it will gradually return to normal but not before the summer of 2025.

The net profit for the industry is expected to be $36.6 billion up from $31.5 billion in 2024, with a record 5.2 billion passengers flying. (in comparison the airlines lost $140 billion during the pandemic in 2020.

Which airlines will make the money is why the investor needs to do their homework.

Linking to dividend paying stocks, everyone is trying to pick the next great stock, but in the long run buying profit companies which can pay dividends but helps protect you and can make you wealthier. Start with the big picture or the macro and move down to the micro by sticking to best in breed companies.

There are more questions than answers, till the next time – to raising questions.