IATA predicts that airlines in Non-Japan Asia will continue to expand at a strong pace. AirAsia A320. By Rob Finlayson IATA has warned that the economic outlook for the airline industry has deteriorated since its June update despite the stronger-than-expected surge in the first half (ATW Daily News, June 7). IATA DG Tony Tyler said the airline industry net profits should total $6.9 billion in 2011 on revenues of $594 billion, up from the previous projection of $4 billion, but well ...

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