The 10 publicly traded US passenger airlines collectively reported a pre-tax profit margin of 14.2% in 2016, according to Airlines for America (A4A). Based on pre-tax earnings of $22.3 billion, the 2016 profit margin was 0.5 point lower than 2015. Compared to other major US corporations’ 2016 pre-tax profit margins, the combined 10 US airlines’ profit margin falls in between Ford (4.5%) and Starbucks (19.7%), according to A4A. As an industry, the US airlines’ ...

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