Global airlines to post record earnings for second year running in 2016

SINGAPORE (Sept 22): The global airline industry is on track for a second record year of profits.

IATA forecasts that airlines worldwide will generate total earnings of US$39.4 billion ($53.4 billion) for 2016.

It will also be the second consecutive year, and in the industry's history, that airlines' return on invested capital exceeds their cost of capital.

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