IATA Boosts 2016 Airline Profit Forecast 8.5%

Credit: Brian Pearce (IATA)
DUBLIN—IATA boosted its 2016 global airline net profit forecast by 8.5% from its December forecast to $39.4 billion, citing lower fuel prices and improving airline efficiency. Speaking to reporters Thursday at IATA’s annual general meeting here, Tony Tyler, IATA’s director general and CEO, said the...

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