IATA: Airline profits in 2014 to be hit by China

The global airline industry's profit forecast for this year has been cut amid fears over China's economic growth, the International Air Transport Association (IATA) said. The trade body predicts airlines will make $18bn (£10.7bn) in profit in 2014, lower than its $18.7bn March forecast. via Pocket http://ift.tt/1hqOQQR