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Article updated: 12/13/2012 7:14 AM

Airlines: 2013 profits to rise thanks to cost cuts

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Airlines' profits will improve to $8.4 billion in 2013, mainly reflecting cost cuts and restructuring measures taken to compensate for stalling economic growth, the global industry's trade group forecast Thursday.

Bloomberg News

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Airlines' profits will improve to $8.4 billion in 2013, mainly reflecting cost cuts and restructuring measures taken to compensate for stalling economic growth, the global industry's trade group forecast Thursday.