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Moody's more upbeat on global airline industry as fuel costs fall

US carriers will see largest increases in profit margins, helped by a mature domestic market and minor exposure to weakening foreign currencies


THE outlook for the global airline industry is looking brighter as carriers continue to benefit from the sharp declines in fuel costs.

On Monday, Moody's Investors Service upgraded its outlook on the sector to "positive" from "stable".

The credit rating agency...

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