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Aircraft and transport. IATA: airline profitability improves with falling oil prices

Geneva, Switzerland - Financial health drives consumer benefits

The International Air Transport Association (IATA) announced an outlook for improved industry profitability in its Economic Performance of the Air Transport Industry report. Airlines are expected to post a collective global net profit in 2014 of some $19.9 billion (up from the $18.0 billion projected in June). This looks set to rise to $25.0 billion in 2015. Lower oil prices and stronger worldwide...

fra/pec - 1164811
Rome, Italy, 12/10/2014 19:18
AVIONEWS - World Aeronautical Press Agency

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