Air Transport World

Rapidly rising.(Statistical Data Included)

Rapidly rising fuel prices, stagnant yields, falling load factors and the impact of Hurricane Floyd combined to push US Majors' third-quarter earnings down 2.1% compared to the year-ago period. The industry earned $1.3 billion for the three months ended Sept. 30 versus $1.33 billion in the year-ago period. Virtually all industry comparisons are distorted, however, by the impact of the 15-day pilot strike at Northwest Airlines in Sept. …

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