American Express GBT’s Air Monitor 2025 expects price increases to slow but also foresees challenges for travel buyers as airlines advance smart revenue management and dynamic pricing.
Global air ticket price growth is expected to stabilize in 2025 Air Monitor 2025 from American Express Global Business Travel (Amex GBT)is a leading travel, expense, and meetings and events software and services company.
While fares will increase year-on-year on most routes, the increases are expected to be modest (with large regional differences), continuing a trend that began in 2024.
Developed by Amex GBT Consulting, Air Monitor is a comprehensive annual forecast of global airfares, industry trends and recommendations to help businesses optimize their aviation plans in a rapidly changing aviation environment. This year’s edition outlines factors affecting prices, including continued growth in global air capacity and the return of leisure travel to more traditional seasonal patterns.
Gerardo Tejado, senior vice president of professional services at Amex GBT, said in a media statement: “By 2025, corporate aviation plans will face a new reality, and although price increases have leveled off and capacity has returned, fares will remain high. Corporate A tough negotiating stance from airlines should be expected, especially as airlines continue to evolve their distribution models. Business travel buyers will need to be strategic, for example around loyalty and program performance data, in this environment. Get value.”
Global aviation price trends in 2025
The chart below shows expected increases in business and economy class fares by region.
Meanwhile, factors affecting air ticket prices in 2025 include:
- Labor costs and shortages: Ongoing labor disputes and pilot shortages, particularly in North America, continue to impact airline operating costs, leading to potential increases in fares.
- Fuel cost: Although fuel prices remain stable in 2024, geopolitical tensions could still cause volatility, affecting overall fares.
- Carrier-imposed surcharges: Airlines continue to introduce new surcharges, including environmental surcharges and new GDS fees, further increasing ticket prices.
- Airline deployment Strengthen income management Technology and Pricing Strategy.
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