IATA said yesterday that 47 major airlines worldwide reported a cumulative $3.9 billion net profit for the second quarter, reversed from a $900 million net loss in the prior-year period. North American airlines earned $1.74 billion in the quarter to lead the world's regions (ATW Daily News, Aug. 18), turned around from a $514 million deficit in the three months ended June 30, 2009, the organization said in its latest "Airlines Financial Monitor." Asia/Pacific carriers ...

Subscribe to Access this Entire Article

"IATA: World's airlines earned $3.9 billion second-quarter profit" is part of ATW Plus, our online premium membership. Subscribing will provide you access to exclusive news, carefully researched airline financial, fleet and traffic data, plus the option to receive our popular, award-winning print magazine. To learn more, click here. If viewing via ATW Mobile, please login and click "Read web article" to view fully. Questions? ATWPlus@penton.com.