IATA forecasts record 2015, 2016 airline profits, but cautions on regional disparity

The world’s airlines are set to post a collective record net profit of $33 billion for 2015 and are forecast to post another record net profit of $36.3 billion in 2016, according to IATA. Briefing journalists at IATA’s Geneva headquarters Dec. 10, IATA chief economist Brian Pearce gave the latest...

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