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Airline Industry Braces for Turbulence as IATA Summit Opens in Rio

International airline leaders convened in Rio de Janeiro on Saturday for the annual International Air Transport Association (IATA) summit, confronting a more challenging outlook for the sector’s post-pandemic rebound than anticipated just months ago. The three-day gathering comes against the backdrop of escalating fuel costs triggered by the ongoing Iran conflict, which has also forced route adjustments and airspace disruptions. At the same time, airlines are grappling with c

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