Surging expenses drive down US airlines’ 1H 2017 earnings
August 16, 2017
US airlines’ expenses grew at more than twice the rate of revenue in the 2017 first half, leading to a 23.3% year-over-year (YOY) decline in pre-tax profitability.Airlines for America (A4A) reported that the nine publicly traded mainline US passenger airlines (Alaska Airlines/Virgin America...
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