IATA Annual Review 2025 Reveals Record Performance Amid New Challenges

Knowledge    /    June 25, 2025

Following our earlier article on IATA’s Annual Safety Report, the organization’s comprehensive Annual Review 2025 has now been published, providing an even more complete picture of the industry in 2024. While the Annual Safety Report focused exclusively on accident data and safety metrics, the Annual Review presents the full scope of industry operations, revealing how aviation maintained its exemplary safety record while simultaneously achieving record financial performance and addressing complex sustainability challenges. It presents evidence that aviation safety continues to improve even as the industry reaches unprecedented operational scales.
Safety Performance: Maintaining Safety at Scale
The industry achieved an all-accident rate of 1.13 per million flights in 2024, better than the five-year average of 1.25 despite handling record traffic volumes. Seven fatal accidents occurred among the 40.6 million flights, resulting in 244 fatalities among 4.8 billion passengers. This translates to a fatality risk of just 0.06 per million passengers, demonstrating that aviation remains remarkably safe as operational scales continue to expand.
The data becomes even more compelling when examining the performance of airlines on the IATA Operational Safety Audit (IOSA) registry. IOSA carriers achieved an accident rate of 0.92 per million flights, significantly outperforming non-IOSA carriers at 1.70 per million flights. This safety advantage underscores the value of standardized audit processes and robust safety management systems. The IOSA registry welcomed 46 new airlines in 2024, bringing the total to 446 airlines globally.
Enhanced Safety Oversight Through Risk-Based Auditing
More than 100 risk-based IOSA audits were conducted in 2024. These enhanced audits utilize a data-driven approach to identify the most critical safety issues for each operator, moving beyond a one-size-fits-all audit methodology. The results speak to their effectiveness: risk-based audits identified three times more non-conformities than conventional audits, demonstrating the power of targeted, intelligence-led safety oversight.
Data-Driven Safety Intelligence
IATA’s Global Aviation Data Management program (GADM) collected comprehensive safety data throughout 2024, monitoring 8 million flights, recording 500,000 incidents, and tracking $11 billion in maintenance costs. This vast data collection enables AI applications to identify emerging safety risks and patterns that might otherwise go undetected until they manifest as incidents or accidents.
The IATA Turbulence Aware platform utilizes real-time safety data sharing, generating 51.8 million turbulence reports from nearly 3,000 equipped aircraft. This system provides pilots and dispatchers with accurate, real-time turbulence information based on actual aircraft encounters rather than weather predictions, directly improving flight safety and passenger comfort while optimizing fuel consumption through better route planning.
Regional Safety Performance and Global Standards
Safety performance varied significantly by region, highlighting the importance of targeted improvement programs. The Middle East and North Africa improved from 1.12 to 1.08 accidents per million sectors, while North America improved from 1.53 to 1.20 accidents per million sectors. However, Africa recorded the highest accident rate at 9.54 per million sectors, an increase from 8.36 in 2023, underscoring the need for continued focus on safety capacity building in emerging aviation markets.
Looking Ahead: Safety Priorities
The industry faces several critical challenges that will shape safety management in the coming years. Leveraging artificial intelligence to extract actionable insights from expanding data collection efforts represents both an opportunity and a responsibility. Building resilience against emerging threats like GNSS interference and supply chain disruptions requires proactive risk management rather than reactive responses.
Ensuring consistent safety standards implementation across all regions and operators remains fundamental, as does improving accident investigation reporting to enable industry-wide learning from every occurrence.
The 2024 safety performance demonstrates that aviation continues to be the safest form of transportation, even as operational complexity increases. For safety professionals, the key takeaway is clear: robust safety management systems, comprehensive data collection, and proactive risk management remain essential tools for maintaining aviation’s exemplary safety record in an increasingly complex operational environment.
Beyond Safety: A Comprehensive Industry Review
While this article focuses on the critical safety aspects of the IATA Annual Review 2025, the complete report provides extensive coverage of additional industry developments. The full review includes detailed analysis of economic performance, comprehensive sustainability initiatives including sustainable aviation fuel production challenges and the industry’s path toward net-zero carbon emissions by 2050.
For aviation professionals seeking a complete picture of industry trends, challenges, and opportunities, the full IATA Annual Review 2025 provides insights across all operational domains.

The complete IATA Annual Review 2025 is available for download at https://www.iata.org/en/publications/annual-review/

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