IATA increases 2015 airline industry profit forecast by 47%

Credit: Courtesy, IATA
IATA has boosted its forecasted 2015 collective net profit for the world’s airlines to $29.3 billion, up 47.2% over a net profit of $19.9 billion projected by the organization in December 2014. “For the first time in our history, the airline industry as a whole will earn its cost of capital,” IATA...

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