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Politics : Formerly About Advanced Micro Devices

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To: steve harris who wrote (355381)10/19/2007 2:25:56 PM
From: Tenchusatsu  Read Replies (2) of 1576159
 
Steve, another example of our sound-bite media at work:

Airlines squeeze fliers as profit soars

latimes.com

An excerpt:

> Profit at American Airlines, the nation's largest carrier, jumped more than tenfold to $175 million in the third quarter while Delta Air Lines, the third-largest, said net income quadrupled to $220 million compared with the year-earlier period. Profit would have been higher if not for rising fuel costs.

I would not consider $220M to be "soaring profits" for a company whose quarterly revenue is $4.5B.

Tenchusatsu
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