Thought you all might find this interesting:
http://www.bizjournals.com/cincinnat...7/daily12.html
Pasted from link:
The two airlines that do the most business at the Cincinnati/Northern Kentucky International Airport have boosted their profit margins considerably over the last year, the U.S. Department of Transportation said.
The department's Bureau of Transportation Statistics on Monday released second-quarter financial numbers for 21 U.S. carriers. The average profit margin for all airlines was 8 percent, the highest since 2000, the bureau said in a news release.
Delta Air Lines and its subsidiary Comair followed the trend: Delta posted operating profit of $470 million for the quarter and its profit margin was 9.3 percent, compared to 8 percent in second-quarter 2006. Comair's operating income was $20 million and its profit margin jumped to 7 percent, compared to 2.1 percent in the year-ago quarter.
The airlines in total have had five consecutive profitable quarters, the bureau said in the release.
Atlanta-based Delta (NYSE: DAL) operates a hub at the local airport, where Comair bases its operations.
Five consecutive profitable quarters? The same time frame they used to convince the courts to throw out our contract and impose pay cuts because we weren't making any money??