US scheduled passenger airlines reported a net profit of $3.2 billion in the third quarter of 2013, an increase from a profit of $1.4 billion in the third quarter of 2012, the US Department of Transportation’s Bureau of Transportation Statistics (BTS) has reported. BTS, a part of the Department’s Research and Innovative Technology Administration, reported that the 26 scheduled service airlines reported an after-tax net profit for the second consecutive quarter. In addition to the after-tax Net Income reports, the scheduled service passenger airlines reported a $4.7 billion pre-tax operating profit in the third quarter of 2013, up from $2.6
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