Airline Earnings to Near $40 Billion as Oil Beats Slowing Demand

  • Trade group IATA raises 2016 earnings estimate to record level
  • Tyler says passenger growth will be curbed by sluggish economy

Global airline earnings are set to be $3.1 billion higher this year than previously estimated as the impact of lower fuel costs makes up for a slowdown in passenger growth, according to the industry’s main trade group.

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