IATA downgrades 2019 airline profit forecast as trade wars bite

Credit: IATA
IATA has again revised downward its forecast for the net profit that the world’s airlines will post in 2019—describing it as a “tough year”—but is optimistic for an uptick in 2020. Delivering its annual forecast to media from its Geneva office Dec. 11, IATA said the airline industry will produce a...

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