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The global airline industry will likely post a second consecutive year of net profit declines,...
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Monday, June 11, 2012, 4:34 AM ETThe global airline industry will likely post a second consecutive year of net profit declines, says the IATA, as the impact of the eurozone debt crisis offsets the boost from lower oil prices, stronger-than-expected growth in passenger traffic and an improved freight market. The expected industry net profit of $3B is less than half the $7.9B of 2011, and a far cry from 2010's $15.8B.
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Such as baggage fees that are above and beyond the quoted ticket price, each way.