The U.S. Air Transport Assn. estimates an aggregate net profit for U.S. passenger and cargo airlines of $2-3 billion in 2006, and initial financial reports for the year are promising (see p. 34; and AW&ST Jan. 15, p. 406). The ATA forecast for 2007 is $4 billion net. After five years in which these airlines netted $35 billion in losses--not counting restructuring costs or gains--the favorable projections feel good. But let's not get carried away. To begin, consider the uneven ...

THIS CONTENT REQUIRES SUBSCRIPTION ACCESS

You must be a paid subscriber to access "Profits Are Nice, But the Airline Glass Is Only Half Full".

 

Current Aviation Week Intelligence Network (AWIN) enterprise and individual members: please go to http://awin.aviationweek.com for access.

 

Not currently a subscriber? Click on the "Learn More" button below to view subscription offers.

Already registered? here.