"The third-quarter results highlight the continued
importance of offsetting the rising costs of doing business through
operational efficiencies, productivity gains, and diversification
of revenue streams. Thanks to a strengthening economy and the
continuing efforts of airlines to adapt to a volatile environment,
the increase in costs did not stand in the way of profitability
this quarter... Nonetheless, with costs likely to continue
rising in this period of economic uncertainty, financial discipline
remains paramount.”
Source: ATA Chief Economist John
Heimlich...