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Tuesday, June 26, 2007

Regional Carriers Report 6.3 Percent Margin for Q1

Kathryn Creedy

The group of regional carriers filing with the Department of Transportation, reported an operating profit margin of 6.3 percent, the network carrier group reported a 2.5 percent margin and the low-cost carriers reported a 2.3 percent profit margin, according to preliminary stats released by the Bureau of Transportation Statistics. BTS also said a group of 21 selected passenger airlines reported a system operating profit margin of 2.7 percent in the first quarter of 2007 for the first profitable January-to-March quarter since the first quarter of 2000. The 21-carrier group consists of the seven largest network, low-cost and regional carriers based on operating revenue.
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