15-Dec-2009 9:59 AM
US airlines report USD685 million profit in 3Q09
Bureau of Transportation Statistics (BTS) of the US Department of Transportation reports (14-Dec-09) the following preliminary financial highlights for the three months ended 30-Sep-09 for 21 US carriers:
- Operating profit/loss: USD685 million;
- Network: 338 million;
- LCC: 206 million;
- Regional: 141 million;
- Operating profit margin: 2.2%;
- Network: 1.4%
- LCC: 4.2%;
- Regional: 8.3%. [more]