U.S. scheduled passenger airlines reported an after-tax net profit of $13.5 billion in 2016, down from $24.8 billion in 2015, the U.S. Department of Transportation’s Bureau of Transportation Statistics (BTS) reported today. The 25 U.S. scheduled service passenger airlines reported an after-tax net profit as a group for the seventh consecutive year. In addition to the after-tax net profit of $13.5 billion based on net income reports, the scheduled service passenger airlines reported a $24.8 billion pre-tax operating profit in 2016, down from $28.0 billion in 2015. The airlines reported a pre-tax operating profit – as a group – for

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