US airline margins ‘in line’ with average of other industries
US airlines collectively reported approximately $18.3 billion in pre-tax profit for the first nine months of 2016, down 2.1% from $18.7 billion over the same period in 2015, according to Airlines for America (A4A). The airlines’ pre-tax profit margin was 15.5%, down 0.1 point from 2015, and showed...
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