US airlines weather the storm
30/07/2014
The airline, which uses leather seats in economy class, earned $10.5 million on revenues of $1.42 billion in 2013.
The results are part of a wider pick-up in the industry. Last week Southwest Airlines, the country’s largest carrier, reported what it described as “outstanding quarterly results”.
Southwest’s CEO, Gary Kelly, said of a new profit-sharing scheme for its 45,000 employees: "Together we have weathered the worst decade in the history of commercial aviation. Together, we stepped up to the challenge. Together we avoided bankruptcy.”
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