A4A: Major U.S. Airlines Doubled Profit Year Over Year | Aviation International News

A4A: Major U.S. Airlines Doubled Profit Year Over Year

Ten major carriers reported $8.7 billion in net profit during the first half of 2015, beating $3.9 billion in the same period last year.

United Airlines showed the least growth in domestic available seat miles, according to Airlines for America. (Photo: United Airlines)

August 18, 2015

Major U.S. airlines collectively doubled their net profit in the first six months of the year compared to the same period in 2014, according to Airlines for America (A4A). Recovering from the recession of 2008-2009, U.S. airline profitability approximates that of other large corporations, allowing carriers to invest in new aircraft, services and technology at the highest rate in 15 years, the trade group said on August 18.

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