Air Power=pressure x vol flow
N/m2 (Or pascals) x m3/sec = watts
This does not include for fan efficiency which has already been suggested. It varies not only between fan types but for each fan. The efficiency will vary depending on where the fan is operating.
With regards to the fan 'hitting its curve'.
A fan is tested in 'ideal' situations, i.e. a nice straight inlet and outlet condition (For an inline fan).
If you change the inlet and outlet conditions, i.e. you do something silly like install it in a real system with a bend on the inlet and a transformation on the outlet, you will actually change the fan curve. ASHRAE I think calls this the system effect (Or is it the fan effect)...either way, the system will affect the fan in such a way that it no longer behaves the same.
So when a commissioning engineer tries to measure the fan duty and operating point, it is common to see that the fan is not operating on its curve. This only hapens when you have a goos system design/installation with straight inlets and outlets.
Friar Tuck of Sherwood