US airlines collected more than $2 billion in ancillary fees in the third quarter, up 36.4% year-over-year, helping the seven network carriers post their first combined operating profit margin since the 2007 third quarter, the US Dept. of Transportation reported yesterday (ATWOnline, Nov. 12). Network airlines' third-quarter operating profit was $338 million, reversed from a loss of $1.62 billion in the year-ago period. Operating margin was 1.4%, reversed from a loss margin of 5.4% in the ...

Subscribe to Access this Entire Article

"US carriers post first operating profit margin in two years, helped by ancillary fees" 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.