Next year should be the most profitable ever for the airline industry, the International Air Transport Association (IATA) predicts. IATA upped its profit forecast for 2013 and 2014 based on several beneficial factors. The group believes that the industry will post a combined net profit of $19.7 billion in 2014, $3.3 billion higher than the last forecast in September. This year is also going to be better than expected as profits will rise to $12.9 billion, up from the previous prediction ...

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