North American carriers are maintaining their profitability lead and will deliver the world’s strongest financial performance in 2019. IATA forecasts North American airlines will deliver a $15 billion post-tax collective profit, up from $14.5 billion in 2018. That represents a net profit of $14.80 per passenger—a marked improvement over the $2.30 per passenger profit they saw in 2012. Net margins, however, are down and forecast to be at 5.5% for the year because of ...

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