Surging oil prices to hurt airlines' profits: IATA
https://phys.org/news/2018-05-surging-oil-prices-airlines-profits.html
The International Air Transport Association (IATA) is set to release a lower profit forecast for the global airline industry at its annual meeting in Sydney next week, with rising fuel costs a key factor.
"Significantly, probably next year," the group's chief executive Alexandre de Juniac told reporters in Sydney of the scale of the impact on carriers' profits.
