News Summary: Airline group raises profit estimate

News Summary: Trade group predicts higher airline profits as traffic rises

Associated Press

GAINING ALTITUDE: Full planes will boost airline profits this year to $12.7 billion, up 67 percent from last year.

FULL PLANES: Occupancy is expected to rise to a record 80.3 percent.

DEMAND TAKES OFF: Flying demand is expected to grow 5.3 percent. Airlines are growing, but not that fast. They're expected to boost flying capacity 4.3 percent this year, according to the International Air Transport Association.

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