Airlines posted record profits last year

May 3, 2016 4:27 PM

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Airlines posted record profits last year

Low oil prices have been really good for airlines' bottom lines.

U.S. airlines raked in a profit of $25.6 billion last year, a 241% increase from 2014, according to the Department of Transportation.

Also read: Ericsson Pushed to Hefty Loss by Write-Downs, Restructuring Costs

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