IATA boosts 2017 airline profit forecast, cites strong world economy

IATA has revised its global airline industry profit forecast for 2017 upwards by 5.4% to a net profit of $31.4 billion, citing a stronger than expected world economy. While the new forecasted net profit for 2017 is higher than the $29.8 billion net profit projected by IATA in December 2016, it will...

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