A4A: US airlines earned $390 million in 2011 on 0.3% profit margin

The 11 US passenger airlines that have reported 2011 earnings posted aggregate net income of $390 million for the year, down 86% from a $2.7 billion net profit in 2010, according to Airlines for America (A4A). Excluding bankrupt American Airlines (AA), which incurred a $2 billion net loss last year...

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