US scheduled airlines should record an operating profit of $500 million this year, but "with continuing interest costs and income taxes," they will probably lose $2-$2.5 billion at the after-tax level, according to a forecast from AeroEcon, which is headed by former Air Transport Assn. Chief Economist David Swierenga. Swierenga predicts that traffic likely will rise by about 6% in 2005 while capacity will increase roughly 4%-4.5%, resulting in another year of record load factors. However, ...

Subscribe to Access this Entire Article

"US airlines seen as profitable at operating level this year" 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? ATWPlus@penton.com.

Already registered? here.