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Record profits for aviation industry this year, but challenges remain

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Mr Tyler, in a reference to Malaysia Airlines' flight MH370, which went missing in March last year, said emerging technology and protocols will soon guard against aircraft simply disappearing.

Singapore

THE global aviation industry is cruising towards record profits for the year, though the region's carriers will have to manage headwinds in the form of unpredictable currency movements, overcapacity and external risks.

The International Air Transport Association (Iata)