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Iata trims global profit forecast by US$1b

It cites higher fuel prices triggered by Ukraine crisis but adds that industry upturn will continue

Anita Gabriel
Published Wed, Mar 12, 2014 · 10:00 PM
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THE International Air Transport Association (Iata) has cut its global profit forecast by US$1 billion to US$18.7 billion for the airline industry in 2014, no thanks to higher fuel bills caused by the Ukrainian crisis.

"Some risks are quite …

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