“The seven largest network airlines, as a group, reported an operating loss margin of 6.7 percent in the fourth quarter of 2008, the fifth consecutive quarterly loss margin since the group reported a profit margin in the third quarter of 2007, the Bureau of Transportation Statistics (BTS) of the U.S. Department of Transportation reported today in a release of preliminary data. BTS, a part of the Research and Innovative Technology Administration, reported that six of the seven reporting network airlines, most of the industrys largest carriers, reported an operating loss margin in the October-to-December period. Only Alaska Airlines reported an operating profit.”
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