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Airline profit margins 2017-01-17T20:03:58Z Follow @AskHoward HONOLULU (HawaiiNewsNow) - Now that all the airlines have reported full-year 2016 profits, who had the best operating margins? Allegiant was tops at 30%. Allegiant flies really old jets it buys outright. No costly lease payments. But full service Alaska Airlines had a 23% operating margin. Thats the same as European no-frill carrier Ryanair, whose CEO infamously joked that he might charge to use the lavatory. Then Southwest, 21%, and JetBlue, 20%, both discount carriers.

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747 shrank the world in the 1970s, it was Cathay and SIA that connectedthe wealthy population centers of Europe, North America and Japan with Asia's emergingeconomies. That helped transform their home territories from backwaters surrounded by a wilderness of poverty into global hubs of banking and commerce. Those times are gone, and the new world order is looking markedly less friendly -- both to the entrepot cities, and the airlines that link them to the world. In their heyday, Singapore Air and Cathay lost little sleep worrying about their rivals in China and the Persian Gulf. Nowadays, they

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