Major U.S. airlines' profitability, ``far short of where it needs to be'' in 2000, will drop 20-40% this year

Major U.S. airlines' profitability, ``far short of where it needs to be'' in 2000, will drop 20-40% this year, predicted the Air Transport Assn. of America's chief economist, David Swierenga, last week. Because costs will increase faster than revenues, the industry's net profit will slip from $2.6...

Subscription Required

 

This content requires a subscription to one of the Aviation Week Intelligence Network (AWIN) bundles.

Schedule a demo today to find out how you can access this content and similar content related to your area of the global aviation industry.

Already an AWIN subscriber? Login

 

Did you know?  Aviation Week has won top honors multiple times in the Jesse H. Neal National Business Journalism Awards, the business-to-business media equivalent of the Pulitzer Prizes.