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PAGE B7 TWO MORE AIRLINES POST LOSSES Two more major airlines said they lost money in the third quarter, including Southwest, which posted a loss of $120 million because of a noncash charge to write down the declining value of its hedging contracts for jet fuel.
Other airlines post similar information.
For many workers the frustration has turned to anger as they have watched airlines post record profits over the last five years while they have worked under concessionary contracts extracted by management in the mid-1990's after the airline industry had lost billions of dollars.
Airlines post sales during this time but rarely do so on the weekends.
And the industries that have not yet been privatized the airlines, post offices, railways, et cetera are next in line.
Most of these airlines post stopover info directly on their website with the exception of Air France, Turkish, Hawaiian and Japan Air.
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In 1996, the major airlines posted the first of a string of record annual profits, which ended only this year.
Korean Air, the largest cargo carrier among the world's commercial airlines, posted a net profit of 122.3 billion won, or $106 million, for the fourth quarter of 2009.
According to the Department of Transportation, the nation's largest airlines posted a better on-time record in August, compared with the month before and with August of 2008.
The big airlines posted a number of special charges to reflect a variety of steps the industry is taking to fight high fuel costs, which have nearly doubled from a year ago.
Emirates has since emerged as one of the world's few profitable airlines, posting an 18percentt increase in passengers last spring, many of them tourists from neighboring Arab countries and Western Europe.
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