Airlines in the Asia-Pacific region are expected to see a 36-percent decline in profit per passenger this year, according to a report by Philstar Biz. The forecast signals a sharp reversal from the post-pandemic recovery that had boosted airline earnings in previous years.
The projected drop is attributed to rising jet fuel costs and the depreciation of local currencies against the US dollar. These twin pressures are squeezing margins for carriers already contending with competitive fare pricing and higher operational expenses across the region.
Industry analysts warn that the profit-per-passenger decline could lead to reduced capacity, route rationalization, or higher ticket prices in some markets. The outlook underscores the fragile state of Asia's aviation sector amid global economic headwinds and volatile commodity markets.