Airline fourth-quarter results released so far show a dramatic industry-wide improvement versus the prior year, and share prices have risen accordingly, the International Air Transport Association says. A sampling of 19 carriers that have already reported reveals a collective net loss of $254.2 million in the fourth quarter, versus a $4.6 billion loss in the same period in 2008. Of the 19, 11 North American carriers posted a $41.5 million profit, and six Asia-Pacific carriers saw a ...
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