According to Airlines 2016, a new Market Update produced by market research and business intelligence provider Key Note, the financial performance of major airlines based in the UK improved noticeably between 2010 and 2014, with the combined revenue of such airlines growing by 33.7%. The principle reason for the rising financial fortunes of UK airlines is the simultaneous rise in the number of passengers handled, with the overall number of passengers passing through UK airports finally surpassing its pre-recession peak in 2015. In addition, the recent fall in the price of oil has assisted in improving the profitability or airlines

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