1、May 2025Travel PracticeThe State of Aviation 2025Copyright 2025 McKinsey&Company.All rights reserved.Cover image Jonathan Kitchen/Getty Images.All interior images Getty Images.ContentsChapter 1:Can the global airline industry continue its climb?4The airline sector had a decent year in 2024.Is it fin

2、ally cracking the value creation formula?Chapter 2:Are low-cost airlines losing altitude?14Low-and ultra-low-cost airlines have tended to earn better returns than full-service carriers,but their performance has slowed in the United States.Are there lessons here for global airline leaders?Chapter 3:T

3、he eight myths of airline retailing 22Airlines are rethinking how they sell their offerings and service their customers.Understanding common misconceptions about airline retailing could help accelerate growth.Chapter 4:How to modernize airline planning 34Outdated,nonintegrated approaches wont fly an

4、ymore.Airline planning could benefit from an overhaul.Chapter 5:How severe is the aircraft shortageand what happens next?40Rebounding air travel demand is bumping up against a constrained supply of new aircraft.Assessing the size of this gapand how it could grow or shrinkcan help inform solutions.Ac

5、knowledgments 47Can the aviation industry soar to new heights,or will headwinds slow its progress?1The State of Aviation 2025The aviation industry is enjoying a welcome boost from resurgent postpandemic air travel demand.But there remain potential storms to navigate.This report analyzes the industry

6、s current trajectory while pointing toward possible future landing spots.How might economic trends and geopolitical events shape aviation?What product offerings are most likely to find favor with air travelers?How can airlines adjust their business models,plan their schedules,and calibrate their fle