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NEWS IATA: Falling oil price will drive down airline ticket costs

Category: News
Author: Melanie Kraft
The International Air Transport Association has announced an outlook for improved industry profitability in its Economic Performance of the Air Transport Industry report. Airlines are expected to post a collective global net profit in 2014 of some $19.9 billion – up from the $18 billion projected in June. This looks set to rise to $25.0 billion in 2015.
ByMelanie Kraft
Melanie aviation journey began at a young age, earning her first pilot certifications while still a teenager, before she ever held a driver’s license! As lead journalist at AIRLIVE.net, she plays a pivotal role in shaping the voice and editorial direction of the website. Her experience spans flight operations, air traffic coordination and emergency incident analysis.
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