Airlines Head For Record Profitability, But Earnings Are 'Fragile'

Credit: joepriesaviation.net
The International Air Transport Association (IATA) handed a most welcome year-end present to the airline industry with this news: Collective net profit is set to soar to a record $33 billion in 2015 and further improve in 2016. The industry’s return on capital is expected to exceed the cost of...

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