Thursday, December 13, 2012 11:34 am
News Summary: US airlines to lead recovery
By The Associated Press
IN FORMATION: Airlines in Asia, the Middle East and Latin America will also see better earnings, while those in Europe are expected to only break even as they continue to deal with the region's economic crisis.
BRIGHTER SKIES: The industry expects global profits of $8.4 billion in 2013. It anticipates $6.7 billion for this year, based on strong second and third quarters - particularly for larger carriers.