Middle East/Africa

IATA upgrades 2023 outlook, predicts net profit of $9.8bn in 2023

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IATA upgrades 2023 outlook, predicts net profit of $9.8bn in 2023

The airline industry is expected to record a net profit of $9.8 billion with rising passenger traffic and revival of the local economies. International Air Transport Association (IATA) announced an expected strengthening of airline industry profitability in an upgrade of its outlook for 2023. IATA f...

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