The airline industry may have been posting lower profits of late, but the slowdown is still “two to three years into the softest landing I have ever seen in 30 years,” Embraer Commercial Aviation CEO John Slattery said. Profits are likely to continue to come down further in the next few years, Slattery said on the sidelines of the IATA AGM in Seoul. “There is potential for up to three years of a shallow downcycle.” An important longer-term question for him will be ...

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