US passenger and cargo airlines should earn $4 billion this year excluding bankruptcy restructuring and reorganization gains, up from an estimated $2-$3 billion in net income in 2006, according to ATA's annual economic outlook released yesterday. "The outlook for 2007 is the most promising in years, thanks to a healthy revenue environment and the realization of extensive cost-reduction efforts," ATA VP and Chief Economist John Heimlich said. Assuming the forecast becomes reality, 2006-07 ...

Subscribe to Access this Entire Article

"US airlines anticipate best year since 1999" 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?

Already registered? here.