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Airlines reap record profits, and passengers get peanuts

2016-02-06 23:38:29| Airlines - Topix.net

Helped by falling oil prices, airlines are reporting record profits, but for many passengers this sudden bonanza has meant little more than extra bags of free peanuts and pretzels. The four biggest domestic carriers - American Airlines, Southwest Airlines, Delta Air Lines and United Airlines - together earned about $22 billion in profits last year, a stunning turnaround after a decade of losses, bankruptcies and cutbacks.

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