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- W578437254 abstract "This article presents financial results of the 2006 U.S.-based airline market. It was the first year that the market as a whole returned from a negative net income spawned by the terrorist attacks on the World Trade Center in New York City in 2001. Airlines, initiating rigorous cost-cutting measures to all aspects of their businesses unrelated to fuel consumption, have, excluding Northwest and Delta Airlines which are filing for bankruptcy due to insolvency, recovered to a net operating profit of US$4.29 billion, up from a $582.4 million loss in 2005. Southwest Airlines, which has been profitable for 34 years in a row, led the gains with a $499 million profit, with projections for a 15 percent gain in the next year. While US Airways posted gains, JetBlue reversed its downward trend from a $20.3 million loss in 2005 to a $1 million loss in 2006. Alaska Air, while technically posting a net loss, had made large purchasing and labor agreements that were anomalous and will not effect 2007 projections, the article explains." @default.
- W578437254 created "2016-06-24" @default.
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- W578437254 date "2007-03-01" @default.
- W578437254 modified "2023-09-23" @default.
- W578437254 title "Low Growth, High Profits" @default.
- W578437254 hasPublicationYear "2007" @default.
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