5 Least Profitable Industries in the US

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1. Air Transport

Net margin: 21.20%

Gross margin: -1.71%

Topping the list of the 15 least profitable industries in the U.S. is air transport, one of the most impacted industries by the Covid-19 pandemic. However, airlines are finally posting profits in some quarters in 2022, and according to the International Air Transport Association, airlines will finally make money again in 2023 as more or less all restrictions on travel have been removed by most countries, which spells great news for some of the largest airlines in the world, including American Airlines Group Inc. (NASDAQ:AAL) and United Airlines Holdings, Inc. (NASDAQ:UAL).

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