U.S. Majors Cashing In On Cheap Oil, But Not Banking On It

Credit: Sean Broderick/AW&ST
Lower fuel prices are helping U.S. major airlines fatten their bottom lines, but have not triggered changes in long-term fleet and capacity planning. The first five majors to report 2014 earnings—American Airlines, Delta Air Lines, Southwest Airlines, United Airlines and Alaska Airlines—followed a...

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