Major US Airlines Projected to Report Record Revenue for 3rd Quarter

By the end of this week, AirlineFinancials.com LLC is projecting the seven largest US airlines will have collectively reported $1.8 billion in profits from $36.9 billion in revenue for the recent 3rd quarter. This will be a record for 3rd quarter revenue and the 3rd consecutive year of Q3 profits.

For full year 2012, we project these seven airlines will collectively report $4.2 billion in profits from a record $140 billion in revenues -- a paltry 3% profit margin --. For the first time since the 1990’s, the industry will have annual profits three years in a row.

Individual airline projections for third quarter 2012-
United (UAL) - $463 million profit from 9.9 billion revenue

http://247wallst.com/2012/10/21/majo...r-3rd-quarter/