Airline

SHARES IN CHINESE CARRIERS FALL ON IATA PROFIT WARNING

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SHARES IN CHINESE CARRIERS FALL ON IATA PROFIT WARNING

Shares in Cathay Pacific Airways fell nearly 7% yesterday on the news from the International Air Transport Association (IATA) that airline industry profits will fall next year in the face of slower economic growth, higher fuel prices and austerity measures. IATA warns that airlines could see a ...

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