US airlines register profitable second quarter despite high fuel costs,
The operating environment remains far from ideal for major US airlines. But the industry’s modest success in difficult economic conditions is a tremendous victory, said executives from US carriers, asserting that years of cost restructuring and revenue enhancement are paying off. The US economy has been sluggish and the country's biggest airlines continue to resist capacity growth, particularly in the domestic market, but profitability was achieved in the 2011 second quarter. ...
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