Third-quarter 2016 net profits for the airline industry were up 4.9% year-over-year, according to a sampling of 67 airlines reported in IATA’s latest Airlines Financial Monitor. “Industry-wide financial performance remains robust by historical standards,” IATA senior economist David Oxley said. “However, with operating conditions becoming more challenging, there are ongoing signs that momentum has weakened.” IATA surveyed 18 North American airlines, which ...

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