US scheduled passenger airlines saw a nearly $66 million drop in consolidated net profit during the third quarter of 2017 compared to the same period last year, according to the US Department of Transportation’s Bureau of Transportation Statistics (BTS). In data released Dec. 11, BTS said the 24 US airlines required to report operations and earnings to the US government registered a collective $3.7 billion net profit in the third quarter of 2017, a 1.7% drop from $3.8 billion net ...

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