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Further signs passenger 'yields have bottomed out'

Latest Iata report also shows rise in airline share prices globally for third consecutive month in June, gaining 4.2% last month

Passenger and freight volumes remain fairly robust in May.

THE downward trend in passenger yields across the airline industry has bottomed out, the International Air Transport Association (Iata) said in its latest financial monitor.

"This development reflects a pick-up in global economic activity, as well as upward pressure on some key input...

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