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U.S. Airline Profits Slip In Q3

For the 3rd quarter of 2017, U.S. airlines reported an after-tax net profit of $3.7 billion, down from $3.8 billion in the third quarter of 2016, according to data collected by the U.S. Department of Transportation’s Bureau of Transportation Statistics.

From domestic operations, U.S. scheduled passenger airlines reported an after-tax net profit of $2.6 billion in the third quarter of 2017, virtually unchanged the third quarter of 2016. The 17 U.S. scheduled passenger airlines that operate internationally reported an after-tax net profit of $1.1 billion in the third quarter of 2017 from their international operations, down from $1.2 billion in the third quarter of 2016.

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