As you're packed onto planes this holiday season...

...keep in mind this nugget from the LAT:

Large network carriers, such as Delta Air Lines and American Airlines, reported a profit margin of 10.5% during the third quarter of 2010, the highest quarterly rate since the agency began keeping financial airline numbers in 2002. Meanwhile, the country's low-cost airlines, including Southwest Airlines and JetBlue Airways, reported an 11% profit margin for the year's third quarter, the highest since the third quarter of 2003.

Credit fees for much of the surge in profits.


More by Mark Lacter:
American-US Air settlement with DOJ includes small tweak at LAX
Socal housing market going nowhere fast
Amazon keeps pushing for faster L.A. delivery
Another rugged quarter for Tribune Co. papers
How does Stanford compete with the big boys?
Those awful infographics that promise to explain and only distort
Best to low-ball today's employment report
Further fallout from airport shootings
Crazy opening for Twitter*
Should Twitter be valued at $18 billion?
Recent stories:
Letter from Down Under: Welcome to the Homogenocene
One last Florida photo
Signs of Saturday: No refund
'I Am Woman,' hear them roar
Bobcat crossing

New at LA Observed
On the Media Page
Go to Media

On the Politics Page
Go to Politics
Arts and culture

Sign up for daily email from LA Observed

Enter your email address:

Delivered by FeedBurner


Advertisement
Mark Lacter
Mark Lacter created the LA Biz Observed blog in 2006. He posted until the day before his death on Nov. 13, 2013.
 
Mark Lacter, business writer and editor was 59
The multi-talented Mark Lacter
LA Observed on Twitter and Facebook