Airline profits to hit record in 2014, IATA predicts (11)

BBC 2013.12.12 14:08
IATA says that while total profits are rising, profit margins are being squeezed Profits for the global airline industry will reach a record $19.7bn (бё12bn) in 2014, the International Air Transport Association (IATA) has said. The prediction is an upgrade on IATA's previous forecast of profits of $16.4bn. The Geneva-based trade body said cost cutting, cheaper fuel and rising demand for travel were behind its upgrade.
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