US airlines are set for a 10th year of profits
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US airlines are set for a 10th year of profits
Complete article can be viewed at: https://www.cnbc.com/2019/12/26/airl...s-in-2020.html
Leslie Josephs@LESLIEJOSEPHS
KEY POINTS
US airlines are set for a 10th year of profits. More than 120,000 employees want a raise
PUBLISHED THU, DEC 26 20191:01 PM ESTUPDATED 7 MIN AGOLeslie Josephs@LESLIEJOSEPHS
KEY POINTS
- U.S. airlines are set to post their 10th consecutive year of profits, the longest stretch in at least four decades.
- Labor unions representing more than 100,000 pilots, flight attendants, and caterers and other workers are seeking better pay, benefits and quality of life.
- Labor is generally airlines’ largest expense and it is becoming a bigger share of costs.
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Forecast for next year is out. I forget the exact predictions but I think the U.S. profit was expected to be slightly lower but I think the article continued with "but still more than the rest of the world combined." Reports had world airline profits at $33.8 billion in 2018 with U.S. 'operating profits'(??) at $17.6 billion (52% if the two different articles are using the same type of profit sources).
Psychophysiological entity
Reports had world airline profits at $33.8 billion in 2018 with U.S. 'operating profits'(??) at $17.6 billion
Not Fuel?
I cringe now, but I said, I work for an airline and burn tonnes of it a day. There was a moment's silence before he started laughing, and agreeing.
