The 2010 Farnborough InternationalAirshow (July 19-25) occurs amidst an atmosphere of rising confidence regarding the near-term outlook for the air transport industry. Last month, IATA issued a major revision to its outlook for 2010, projecting that the world’s airlines will earn $2.5 billion this year, the first global profit since 2007 and a significant reversal from the organization’s gloomy forecast in March of a $2.8 billion loss (see the World Airline Report, p. ...

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