A4A: Major US airlines post 14.2% pre-tax profit margin in 2016
The 10 publicly traded US passenger airlines collectively reported a pre-tax profit margin of 14.2% in 2016, according to Airlines for America (A4A). Based on pre-tax earnings of $22.3 billion, the 2016 profit margin was 0.5 point lower than 2015 . Compared to other major US corporations’ 2016 pre...
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