Airlines for America (A4A) has stated that despite extreme weather during the first quarter of this year, the airline industry overall reported a profit in the first half of 2014.The trade group based its findings on nine publicly-traded airlines: Alaska, Allegiant, American, Delta, Hawaiian, JetBlue, Southwest, Spirit and United. Collectively, these airlines reported a net profit of $3.8 billion, up from $1.6 billion last year, and an operating margin of 5%, up from 2.1% last year.This was due to a year-on-year increase in operating revenues of 6%. According to A4A’s chief economist John Heimlich, margins improved in the first half
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