(MENAFN) The International Air Transport Association (IATA) said that airlines in the Middle East are expected to register a combined profit of USD2.2 billion this year, Arabian Business reported
IATA said, after lowering its profit estimate by USD200 million, that markets and carriers in the region are benefitting from high oil prices' revenue
IATA's director general and CEO said: "In general, the outlook is positive. The cyclical economic upturn is supporting a strong demand environment.
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