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US airlines post record profits in first quarter amid lower fuel prices

Despite a strong Q1, US carriers remain cautious about adding too much new capacity. American Airlines is delaying its delivery schedule for some Boeing 787s scheduled for 2016 until 2017.

New York

THERE was an unmistakable shift in tone in the airline industry last week as America's top carriers all reported record earnings because of lower fuel prices and strong demand for domestic air travel.

The airlines kept their planes full as they reaped the benefits of their...

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