The global airline industry is on track to post an all-time profit high of nearly $40 billion in 2025, according to trade group IATA, surpassing the pre-pandemic 2019 figure of $26 billion, but carriers are still managing a net margin of just 4% -- roughly $7.90 per passenger. Economist adds: Not everything has been in the ascent. European and North American airlines, which account for three-fifths of the industry's net profits, have had to contend with circuitous long-haul routes to avoid Russian airspace since the start of the war in Ukraine. This year parts of the Middle East became no-go zones after Israel's strike on Iran in June. America's airlines were hit by a government shutdown that stopped federal workers from travelling and kept unpaid air-traffic controllers at home, disrupting flights. What is more, despite a drop in fuel prices, which account for 25-30% of airlines' operating expenses, other costs have risen. Airlines flew 4.8 billion passengers in 2024, beating the 2019 peak, and that figure likely reached 5 billion in 2025 as combined revenues topped $1 trillion for the first time and load factors hit a record of nearly 84%. But the industry is flying older planes because Boeing and Airbus can't deliver enough new ones. The duopoly shipped under 1,400 aircraft in 2025, well below the 2018 record of just over 1,600. Boeing has struggled since two fatal 737 MAX crashes in late 2018 and early 2019 led to a 20-month grounding, and a fuselage panel blew off another 737 MAX mid-flight in early 2024. Airbus cut its 2025 delivery target from 820 to 790 in early December due to a supplier's production flaw, and Pratt & Whitney engine problems have grounded a third of the global A320neo fleet. IATA estimates the aircraft shortage won't resolve before 2031 at the earliest, and the global fleet's average age has climbed to 15 years from 13 in 2019. Annual fuel efficiency gains have slowed from about 2% to 0.3% in 2025, and an IATA and Oliver Wyman report pegs the cost of aging fleets -- extra fuel, repairs, spare parts -- at over $11 billion in 2025.

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An anonymous reader quotes a report from Bloomberg: Most people use dating apps to find love. Tiffany Chau used one to hunt for a summer internship. This fall, the 20-year-old junior at California College of the Arts tailored her Hinge profile to connect with people who could offer job referrals or interviews. One match brought her to a Halloween party, where she networked in hopes of landing a product-design internship for the summer. While there, she got some tips from someone who had recently interviewed at Accenture. As for the connection with her date? Not so much. "I feel like my approach to the dating apps is it being another networking platform like everything else, like Instagram or LinkedIn," Chau said. Chau is among a cadre of workers who are using dating apps to boost their job searches. They're recognizing that the online job hunt is broken as unemployed workers flood the system, AI screens out resumes and many job matching programs are overwhelmed. Automation has squeezed human contact out of hiring, which has pushed applicants to seek any path to a live hiring manager, no matter the means. The overall US unemployment rate continued to climb throughout 2025, reaching 4.6%, according to the Bureau of Labor Statistics. And while the number of unemployed high school graduates held steady at about 4.4% in November, the rate for workers with a bachelor's degree rose to 2.9% from 2.5% a year ago. About a third of dating app users said they had sought matches for job hook-ups, according to a ResumeBuilder.com survey of about 2,200 US dating site customers in October. Two-thirds targeted potential paramours who worked at a desirable employer. Three-quarters said they matched with people working in roles they wanted. "People are doing it to expand their networks, make connections, because the best way to get a job today is who you know," said Stacie Haller, ResumeBuilder.com's chief career advisor. "Networking is the only way people are rising above the horror show that the job search is today."

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