The U.S. airline industry earned a profit of $390 million in 2011, which is lower than $2 billion projected by the International Air Transport Association (IATA). The 2011 profit also plunged 86% from $2.7 billion earned in 2010. The industry has been struggling with either mounting costs, fuel in particular, or economic uncertainties. The trend, it appears, will continue this year.
Fuel price volatility is the major threat to the airline industry and represents about 35% of total expenses, up … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
Nasdaq quotes delayed at least 15 minutes, all others at least 20 minutes.
Markets are closed on certain holidays. Stock Market Holiday List
By accessing this page, you agree to the following
Press Release Service provided by PRConnect.
Stock quotes supplied by Telekurs USA
Postage Rates Bots go here