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US airlines beat Asian and European rivals in profitability

Delta, American, United, Southwest junk old habits, pull themselves up

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Turnaround: US airlines led by Delta (above) now hold the top spots in the global industry by operating income and market value, overtaking European and Asian carriers which dominated five years ago. - PHOTO: AFP

[ATLANTA] The bankruptcies, mergers and jet-fuel shocks that rocked US airlines during the last decade yielded a surprising result: the world's most profitable carriers.

US airlines led by Delta now hold the top spots in the global industry by operating income and market value, according

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