iBankCoin
Joined Nov 11, 2007
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Airline Earnings May Take Off Thanks to Packed Planes

“BERLIN (AP) — A global airline industry group says it expects carriers to generate $12.7 billion in profits this year thanks to packed planes.

The International Air Transport Association says it is revising its previous profit estimate of $10.6 billion upward by 20 percent for 2013. The new profit forecast is a 67 percent increase on the $7.6 billion major airlines earned in 2012…”

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