A4A: U.S. Airlines Manage ‘Paper Thin’ Profits | Aviation International News

A4A: U.S. Airlines Manage ‘Paper Thin’ Profits

Ten U.S. passenger airlines, Delta among them, collectively reported a net profit of $1.6 billion during the first half of this year, according to Airlines for America. (Photo: Bill Carey)

August 26, 2013

The financial performance of U.S. airlines improved from “razor thin margins to paper thin margins” during the first half of the year, as passenger airlines collected 2.1 cents in profit for every dollar of revenue, according to trade organization Airlines for America (A4A). In a quarterly media briefing on August 22, A4A said airlines benefited from a small decrease in fuel prices, their largest cost.

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