A4A: Airline profit margins soar in first half of 2014

According to Airlines for America, U.S. airlines improved their net profit margin in the first half of 2014. During the first six months of the year, airlines reported a 5% net profit margin, compared to 2.1% in the same period of 2013. "The airlines have coped very well," said John Heimlich, A4A chief economist. During the first half of the year, U.S. airlines also reinvested $7 billion in new aircraft and other improvements, Heimlich said.

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