Top airline execs see profitability gains tapering
Iata survey also finds cargo industry having a tougher time than the passenger market
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Nisha Ramchandani
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Singapore
A SURVEY of airline chief financial officers and heads of cargo suggests profitability gains were locked in during the first quarter of this year, which comes after a record year in 2015.
However, expectations of further gains in profitability have eased due to declining yields and a slowdown in cost reduction.
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