AIRLINES GOT A GLIMPSE LAST YEAR OF A NEW WORLD IN which the hard work and heartbreak of the past seven years was rewarded with rising profits and a brighter future. Alas, like Moses, they were denied entrance to their promised land, which turned out to belong not to them but to oil companies. Instead, they are left to ponder, once again, what might have been. With the price of oil sitting at $135 per barrel at this writing, the world has turned upside down and IATA no longer expects ...

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