New York (AFP) – US airlines Thursday gave a mostly upbeat outlook on industry conditions after posting large profit increases in the third quarter thanks to strong consumer demand and lower fuel prices.Profits at American Airlines were $942 million, the highest in the airline’s history and 87 percent above the combined year-ago earnings of American and US Airways prior to their merger.United Continental’s profits more than doubled to $924 million. Southwest Airlines, a big player in domestic flights in the US, saw profits lift 27 percent to $329 million, while JetBlue’s earnings rose 11 percent to $79 million.All four of …read more
Source: Business Insider
