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Merry Christmas for U.S. Airlines: Record Profits in 2015

It will be a merry end of the year for North American airlines which will earn nearly $20 billion in profits in 2015, according to numbers forecast last week by the International Air Transport Association. That’s more than half of the $33 billion profit expected to be generated by the world’s passenger carriers for the year about to come to a close.

“North American airlines are way out ahead of the pack and producing good operating margins,” said Brian Pearce economist for the trade association in a presentation to journalists in Geneva. But in read more >>>

Source : HuffingtonPost.Com





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