Europe

IATA: Airlines continue to improve profitability 5.1% net profit margin for 2016

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IATA: Airlines continue to improve profitability 5.1% net profit margin for 2016

The International Air Transport Association (IATA) has announced its airline industry outlook for 2016, which sees an average net profit margin of 5.1% being generated with total net profits of $36.3 billion. IATA also announced a revision to its airline industry outlook for 2015 upwards to a net pr...

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