DÜSSELDORF: The world's airlines pledged to reach "net-zero" carbon emissions by 2050 on Monday (Tuesday in Manila) even as a trade group forecast profit losses from the pandemic extending into next year.

"For aviation, net-zero is a bold, audacious commitment. But it is also a necessity," Willie Walsh, director general of the International Air Transport Association (IATA), told top airline executives meeting in Boston.

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