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  • Reuters

    Global airlines raise profit outlook for 2024

    Global airlines on Monday raised their profit forecast for 2024 and projected industry-wide revenues just shy of $1 trillion as a record number of travellers board flights. The International Air Transport Association (IATA) said it expected the worldwide industry to generate $30.5 billion of profit this year, higher than an upwardly revised $27.4 billion in 2023 as carriers keep a lid on underlying labour costs despite recent strikes. "The environment is better than we had expected, particularly in Asia," Director General Willie Walsh told Reuters on the sidelines of an annual meeting of IATA's more than 300 members, which account for more than 80% of global air traffic.

  • BBC

    Why a tool to tackle climate change is struggling for cash

    Businesses want peatland restoration to be given the same 'offsetting' status as tree planting.

  • PA Media: Sport

    Gareth Southgate feels England’s Euro 2024 bid will benefit from Ben Stokes talk

    Test captain Stokes imparted his wisdom to the England players going for Euro 2024 glory.