American and Delta Airines Report Strong Profits

American Airlines announced a USD$175 million net profit for the 3rd quarter, up from $15 million in the same period in 2006. Load factors were at record levels, and forecasts indicate load factor will grow again in the fourth quarter of this year. American’s third-quarter profit was the crarier’s highest since 2000.

US carrier Delta Airlines just reported an all-time company record of USD$5.2 billion in revenues for third quarter. It’s net income for the period was USD$220 million. Delta plans to continue its international expansion and will launch 17 new routes by next summer.