Profits Elude Most U.S. Airlines Even As Revenues And Demand Grow
Seasonality difficulties drove United Airlines to a first-quarter loss.
Credit: joepriesaviation.net
With the exception of American Airlines, Sun Country Airlines and Allegiant Air, positive first-quarter net income evaded the majority of U.S. carriers reporting their performance for the quarter—though nearly all narrowed their year-over-year losses. In the past, business travel would have helped...
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