The International Air Transport Association (IATA), which represents 240 airlines comprising 84 per cent of global air traffic, said airlines are on course to post total net profits of US$10.6 billion this year, up from December's forecast of US$8.4 billion. Total revenues are projected to climb by US$12 billion to US$671 billion this year.
via Business feed http://www.scmp.com/business/companies/article/1195675/airline-profits-rise-amid-cargo-recovery
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