The 10 publicly traded US passenger airlines collectively earned a net profit of $7.3 billion in 2014, down 37.1% year-over-year (YOY) from 2013’s collective net profit of $11.6 billion, according to the Airlines for America (A4A). The 2014 profit margin for the 10 reporting US airlines came to 4.6%, down 3.2 points from 2013. “The US airline industry … [recorded] a fifth consecutive year of modest profitability, despite incurring $48 billion in fuel costs as well as ...

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