U.S. Major Airlines Posted A 5.2% Operating Margin In The 4th Quarter
U.S. major airlines posted a 5.2% operating margin in the fourth quarter, down 0.9 percentage points due to higher fuel costs, according to Merrill Lynch.If jet fuel had been the same price year-over-year, airlines would have improved their margins to 7.2%. Southwest and Delta had the highest...
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