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by kevin_b_er 2762 days ago
A market of razor thin margins? I think not. US airlines are swimming in cash

2017:

* American Airlines profit: 7.6 Billion USD

* United profit: 7.1 Billion USD

* Delta Airlines profit: 4.7 Billion USD

* Southwest: 2.2 Billion USD

2 comments

Looking at AA 2017 earnings

Total operating revenues: 42.2B

Net income: 1.90B

For a profit of 4.5%. Where are you getting your numbers from?

https://americanairlines.gcs-web.com/static-files/17cae9f4-5...

In my defense, I left the industry in 2011, back when American lost $2B, and half of the major airlines were in bankruptcy proceedings. It looks like they found some margin in the past few years.