Hong Kong, June 26 -- "The airlines in Asia-Pacific at large, are in far better condition to face challenges this year than they would have been in previous times," Sheldon Hee, International Air Transport Association (IATA) Regional Vice President, Asia-Pacific, told Orient Aviation Daily Digest (OADD) in the interview on sidelines of IATA 82nd Annual General Meeting (AGM) & World Air Transport Summit (WATS) in Rio de Janeiro, Brazil, hosted by LATAM Airlines Group. Read More During the event the IATA published an updated economic outlook, taking into consideration the consequences of the war-related Middle East disruptions and high fuel prices. Globally, airlines' profitability will be half as low as previously anticipated. Asia-Pacific a...