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Aircraft and transport. IATA: industry on track for second year of improving profits

Geneva, Switzerland - Rising fuel costs largely offset by increased demand

The International Air Transport Association (IATA) announced that the airline industry remains on track to deliver a second consecutive year of improved profitability. This is despite a slight downward revision to its industry outlook for 2014 to an industry profit of $18.7 billion from the previously forecast $19.7 billion. The main driver of the downward revision is higher oil prices which are...

fra/pec - 1158961
Rome, Italy, 03/12/2014 14:56
AVIONEWS - World Aeronautical Press Agency

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