Europe’s aviation industry is in remarkable shape in the mid-2020s, with airlines recovering strongly from the pandemic years and posting impressive profits. In our article, we look at the question: Which is Europe’s most profitable airline in 2025? The answer is not straightforward, as it depends on several factors. We’ll take a close look at three major carriers/groups: the ultra-low-cost specialist Ryanair Group , the legacy powerhouse International Airlines Group (IAG), which consists of several airlines, and the ambitious trans-continental player Turkish Airlines, and explain why they are Europe’s profitability champions.