Capping Off Airline Earnings Season: The Push and Pull Between…
The second quarter of 2022 brought with it all the murkiness and uncertainty that have become standard in the airline industry since March 2020. The three-month period from April to June was headlined by JetBlue Airways and Frontier Airlines staging a…
Delta Reports Net Income of $735 Million in Q2 2022
Delta Air Lines released its financial results for the second quarter of the year. Revenues exceeded the company’s projections for the period, while earnings per share came in below expectations. Rising costs hurt earnings between April and June, although demand for…
Alaska Airlines Reports First Quarter Loss of $143 Million, Sees…
On Thursday, Alaska Airlines released its first quarter earnings for 2022, posting a net loss of $143 million for the quarter ending March 31. The Seattle-based carrier reported a loss of $1.14 per share, compared to a net loss of…
American, United Report Net Losses, Project Capacity Again Lower than…
U.S. airline industry earnings season continued Thursday morning as rival legacy carriers American Airlines and United Airlines released figures from the fourth quarter and all of 2021. The pair of airlines followed competitor Delta Air Lines' lead with a beat…
LATAM Closes Second Quarter with $2.3 Billion in Liquidity
This Monday, the LATAM Airlines Group reported that it foresees better operational prospects for the next six months, despite the profound impact of the pandemic in Latin America so far this year. In a press release, the group stated that…