Assn. of European Airlines members collectively posted a provisional operating profit of $755 million in 2005, up 82.8% from $413 million the previous year, according to data released yesterday in AEA's Yearbook 06. Operating margin of the 30 carriers edged up to 0.9% from 0.4% in 2004, which AEA said "must be regarded as unsatisfactory still for a year in which most of the fundamentals were favorable--strong demand, economic growth, low interest." Passenger yields rose 1% but were more than ...

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