中印引领亚太航空客运增长，但航司运一位旅客只赚23块

Core Insights - The profitability of the airline industry is significantly lower compared to tech companies like Apple, with airlines earning an average net profit of only $7.90 per passenger, which is less than the profit from selling an iPhone case [1][5] - The International Air Transport Association (IATA) forecasts that global airlines will achieve a record net profit of $41 billion by 2026, although profitability varies greatly by region [1][2] Profitability Disparities - Airlines in the Asia-Pacific region are expected to see a net profit of $6.6 billion in 2026, an increase from $6.2 billion in 2025, but they earn only $3.20 per passenger, the lowest among all regions [2][4] - In contrast, Middle Eastern airlines are projected to earn $28.60 per passenger, highlighting the competitive and challenging environment for Asia-Pacific airlines [4][5] Operational Challenges - The global airline industry faces significant operational challenges, including a backlog of over 17,000 aircraft orders, which is equivalent to 60% of the current fleet [6][7] - Supply chain bottlenecks are driving up costs, with an estimated additional cost of over $11 billion expected by 2025 due to delays in aircraft deliveries and increased maintenance costs [7][8] Sustainable Aviation Fuel (SAF) Issues - The production of Sustainable Aviation Fuel (SAF) is growing but remains costly, with prices up to five times higher than traditional jet fuel [9][10] - IATA has revised its SAF production forecasts downward, indicating that current production levels are insufficient to meet future targets set by airlines for carbon reduction [10][11]