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Industry Outlook: Lower profits for Canadian airlines

The Conference Board of Canada says in its newly released Canadian Industry Outlook: Canada’s Air Transportation Industry – Winter 2011 that following record high profitability in 2010, Canada’s

IATA halves 2010 loss forecast for airline industry

Geneva — The International Air Transport Association (IATA) halved its loss forecast for the industry for 2010 as the group said that a much stronger recovery in demand is extending the year-end gai