2024: Deadliest Year for Air Travel Since 2018

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2024: Deadliest Year for Air Travel Since 2018
AIR TRAVELSAFETYFATALITIES
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The year 2024 saw a surge in air travel fatalities, marking the deadliest year since 2018. Despite recent tragedies, experts highlight the long-term trend of improving airline safety.

The year 2024 saw a tragic spike in air travel fatalities, marking the deadliest year since 2018 with at least 318 deaths resulting from plane crashes. This grim milestone was reached after a devastating crash in South Korea on Sunday, claiming the lives of 179 people. The number of fatalities in 2024 surpassed that of any year since 2018, when over 500 people died in air accidents.

Despite this recent surge, data from 2018 to 2022 indicated a relatively low death risk for air travelers, with a probability of 1 in 13.7 million. Bloomberg also reported that 2024 might be considered an outlier, as airline safety has been steadily improving for decades. In January 2024, a crash in Tokyo saw all 379 passengers survive thanks to fire-repelling designs and the crew's exceptional performance. Boeing is reportedly implementing strict safety measures in response to recent incidents involving Alaska Airlines and Jeju Air. Looking ahead, the International Air Transport Association (IATA) projects passenger numbers to reach 5.2 billion in 2025, a 6.7% increase from 2024, surpassing the five billion mark for the first time. Willie Walsh, IATA's Director General, stated, 'We’re expecting airlines to deliver a global profit of $36.6 billion in 2025. This will be hard-earned as airlines take advantage of lower oil prices while keeping load factors above 83%, tightly controlling costs, investing in decarbonization, and managing the return to more normal growth levels following the extraordinary pandemic recovery'. These efforts aim to counteract several external factors hindering profitability, including ongoing supply chain issues, infrastructure shortcomings, burdensome regulations, and rising tax burdens

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