Shift towards record profits for airlines in 2014. According to the latest forecasts from the International Air Transport Association (IATA), the airlines are expected to post a record net profit in 2014 of some $19.9 billion out of an overall turnover of 751 billion (+4.7%). This is almost twice as much profits made in 2014 than last year ($10.6 billion). 2015 is expected to be even better with an expected net profit of $25 billion. This spectacular success is mainly down to falling prices...