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October 24, 2014

As fuel costs ease, airline profits soar

  • While getting a break on fuel, airlines are benefiting from continued strong demand that allows them to push fares higher.
  • By DAVID KOENIG
    AP Business Writer

    DALLAS — Saving a nickel or a dime per gallon might not seem like much to the average motorist, but for airlines that burn hundreds of millions of gallons of fuel every month, it adds up quickly.

    Profits are soaring at the biggest U.S. airlines, and a chunk of credit goes to those savings at the pump. Fuel is an airline's biggest expense.


     
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