Airlines to Bear $24.5bn Payment Costs in 2025 - IATA Report
According to the International Air Transport Association (IATA), global airlines are expected to incur $24.5 billion in payment costs to process $1.05 trillion in sales in 2025.
Payment Costs Hit Airlines Worldwide
- Global airlines are set to face payment costs of $24.5 billion in 2025, according to the International Air Transport Association (IATA)
- The costs will be incurred as airlines process $1.05 trillion in sales during the same year
IATA Report: Payment Costs on the Rise
The International Air Transport Association's (IATA) latest report reveals that payment costs for airlines are on the rise. In 2025, airlines will be burdened with $24.5 billion in payment-related expenses, as they handle $1.05 trillion in sales.
Airline Payment Costs: A Concern for Industry
The International Air Transport Association's (IATA) report highlights payment costs as a growing concern for the airline industry. The $24.5 billion in payment-related expenses is expected to be incurred by airlines as they process $1.05 trillion in sales in 2025.
</body> </html><small>Source: AllAfrica Nigeria — read the original story there.</small>
