A cautious sense of optimism for improved global airline financial performance is also giving cause for hope that the industry could be entering an era of sustained profitability if airlines are able to continue new revenue-generating practices. That’s a relatively new place to be for the airline industry, which in 2014 marks its 100th anniversary since the first scheduled commercial flight but which has only made a profit in about half of the years since 1945. Presenting its financial ...

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