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Airline Profits Rise as Stock Prices Lag

Eight U.S. airlines will soon begin regularly scheduled commercial flights to and from Havana, Cuba. While most will not begin for 90 days, airlines currently operating charter flights to Havana are expected to begin regular service in just a few weeks. The flights to Havana are emblematic of what looks like an upturn in the fortunes of the airline industry. The industry and its investors have had a challenging year with fluctuations in oil prices, terrorism, and a global economic...

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