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Airline profits to plummet in 2012: IATA
2012-06-12 00:24:00

BEIJING, June 12 (GCTL) - Airline industry group IATA warned on Monday global profits would more than halve this year owing to surging oil prices and the euro zone crisis, with European carriers suffering losses of US$1.1 billion.

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Category : USA, EU, Elsewhere  

Tags : International Air Transport Association (IATA), European Union, profits, carbon tax,

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