Aviation International News
US airlines achieve 2% net profit margin in first half of 2013
Breaking Travel News
Two percent net profit is calling it pretty close. One of the big factors in airline expenses is the rapidly rising cost of fuel and various ground services. Add maintainance expenses to the mix and you have a near losing situation. No wonder airlines are merging. The bad thing about mergers is that not all personnel are retained after the companies join. A very dicey situation, indeed. Aloha, Russ.
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