Network carriers see Q2 loss; baggage revenues up sharply

09/16/2008 | CNNMoney · American City Business Journals

The U.S. Department of Transportation says the nation's six largest network airlines posted combined operating losses of $1.767 billion in the second quarter, due largely to fuel costs that exceeded 30% of operating expenses. Excess baggage fees jumped nearly 50% over the first quarter, bringing in $182.6 million.

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CNNMoney · American City Business Journals

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