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US airlines achieve 2% net profit margin in first half of 2013 – Breaking Travel News

Posted on August 26, 2013 by Russ Roberts

See on Scoop.it – PRG HAWAII NEWS WITH RUSS ROBERTS

Aviation International News
US airlines achieve 2% net profit margin in first half of 2013
Breaking Travel News
Ten U.S.

Russell Roberts‘s insight:

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.

See on www.breakingtravelnews.com

About Russ Roberts

Retired News director of Pacific Radio Group Radio Stations on Hawaii-the Big Island. I have more than 40 years of broadcast experience, including positons at KTUH-FM (UH-Manoa), KPOI-FM (Honolulu). KHLO-AM (Hilo), KKBG-FM (KBIG-FM)(Hilo/Kona), KAPA-FM (Hilo-Kona). Native-FM (Hilo-Kona), and ESPN Hawaii (Hilo-Kona). Former University of Hawaii-Hilo librarian. Retired Air Force Officer. Amatuer (Ham) Radio operator since 1977 (currently holds the Amateur Extra Class License from the FCC-KH6JRM).... Can read, write, and speak Russian. Retired on 30 September 2011, but still maintains a Hawaii Island News Blog.

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