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can collaborate to build computers, cars and even airplanes," Tyler said.

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He noted that out of 29 million flights in 2013 on western built jet aircraft, only 12 resulted in accidents that damaged planes so badly that they were unable to be returned to service.

"The loss of MH370 points us to an immediate need," Tyler said. "A large commercial airliner going missing without a trace for so long is unprecedented in modern aviation. And it must not happen again."

Qatar Airways CEO Akbar Al Baker, left, and International Air Transport Association director Tony Tyler laugh during the the IATA annual meeting in Doha, Qatar, on June 2, 2014.(Photo: Osama Faisal, AP)DOHA, Qatar Safety, maintaining global profitability and holding the line against taxes and government bureaucracy were among the top themes Monday as aviation leaders gathered for the annual "State of the Air Transport Industry" address here.

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When pressed on a time frame for how long it could take to finalize and implement such recommendations, Tyler said "it won't be years."

"The industry supports over 58 million jobs and $2.4 trillion in annual economic activity. It creates jobs for Kenyan farmers who sell fresh flowers in world markets. It facilitates global supply chains so that workers in many nations Puma Soccer Boots For Kids

"Let airlines operate without the heavy hand of regulation, which inevitably costs money," he added in talks to the press following the speech. "One big principal should be, 'let's treat airlines like any other business'."

He pledged that IATA along with the International Civil Aviation Organization and "experts from around the world" would work to "improve global tracking capabilities" for commercial airliners. Tyler said a draft of recommendations could come as early as September.

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"Today, aviation is the life blood of the global economy," IATA CEO Tony Tyler said as he opened his speech, noting how far the industry has come since the 23 minute flight from Tampa to St. Petersburg that launched commercial passenger flights in January 1914.

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The address kicked off the 70th annual general meeting of the influential International Air Transport Association (IATA) trade group. IATA expected about 1,000 industry officials to gather for the event, which the group also used to mark the Puma Soccer Cleats Black 100th anniversary of what's considered to be the world's first commercial airline flight in 1914.

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happen overnight in one fell swoop. Many airlines may start doing things before on their own."

MORE: Qatar Airways completes move to giant new Doha airport

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One of the safety related themes during IATA's annual address was the industry's response to the March 8 disappearance of Malaysia Air Flight 370.

"And we are determined to improve on this performance," Tyler added.

´╗┐profits top airlines 'state of industry' summit

At the same time, he warned: "It's not going to Adidas X 16.1 Leather Sg

every day is still a struggle to keep revenues ahead of costs.""Our customers expect efficient global connectivity," Tyler said in the address. "But the regulatory structure prevents the global consolidation that has happened in other industries. By creatively working together through alliances, joint ventures, franchising and domestic consolidation we are seeing some significant results.

Elsewhere, IATA addressed what it sees as challenges on other fronts:

"That sounds impressive," Tyler said of the industry's projected profit for the year. "But the brutal economic reality is that on revenues of $746 billion we will earn an average net margin of just 2.4%. That's less than $6 per passenger. Some airlines will do better. But even if you're smart or lucky enough to be one of those, Adidas 11 Pro Orange And White

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Overall, though, Tyler stressed that "flying is incredibly safe."

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RELATED: 'State of the industry' aviation makes first ever stop in 'the Gulf'

Profitability: Even in the face of the collective global profit of $18 billion that's forecast for 2014, Tyler said "there is much to be done" if the profits are to last.

Dozens of airline CEOs from across the globe were in the audience for Tyler's speech. Among them: Delta's Richard Anderson, JetBlue's Dave Barger and Willie Walsh of British Airways' parent IAG. The event also drew Qatar Prime Minister Abdullah bin Nasser bin Khalifa Al Thani, who gave an Arabic welcome to visitors before the address.

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