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Singapore Airlines capacity up 126 pc, IATA upgrades outlook: Is new dawn beckoning for the aviation industry?

By Lee Kah WhyeSingapore, June 27 (ANI): Last week, the International Air Transport Association (IATA) upgraded its outlook for the airline industry’s 2022 financial performance citing the increased pace of recovery from the COVID-19 crisis.
The forecast which was released at IATA’s Annual General Meeting in Doha on June 20 also predicted passenger numbers to reach 83 per cent of pre-pandemic levels in 2022 due to strong