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A United 777-300ER touching down at Paine Field after a test flight. (Photo: AirlineGeeks | Katie Bailey)

United Reports $1.6 Billion Second Quarter Loss

Chicago-based United Airlines released its second quarter earnings report on Tuesday afternoon, announcing a $1.6 billion net loss on approximately $1.5 billion in revenue. The revenue figure, which comes on the back of an 87.8% drop in total capacity, is 87.1% less than revenue in the second quarter of 2019. With its announcement Tuesday, United became the second U.S. carrier to report earnings for the period spanning April-June. Delta Air Lines last week revealed it had lost an adjusted $5.7…

Delta Reports Massive $7 Billion Loss in Second Quarter

Delta Air Lines this morning became the first U.S. airline to report second-quarter earnings. After a full three months full of depressed traffic and drastic cost-cutting measures coming on the heels of huge industry fallout stemming from the COVID-19 pandemic, the airline reported a loss of $7 billion on revenue…

Emirates Reports Fiscal Year Results, Looks to Late 2021 for…

The Emirates Group — the Dubai, United Arab Emirates-based, state-owned international aviation company — released 2019-2020 financial results on May 10. According to the annual report released Sunday, which covers the period from April 1, 2019, to March 31, the group reported a profit of $456 million, which is a…

In Midst of Multi-Billion-Dollar Losses, SkyWest Posts First Quarter Profit

SkyWest Airlines — the St. George, Utah-based regional airline that operates flights on behalf of numerous large American carriers — announced its first-quarter earnings on Thursday, reporting a $30 million profit even as the country's largest airlines saw losses in the billions of dollars. The company, which did still see…

Looking At the Second Half of Major U.S. Airlines’ Earnings

Last week, the first two of the four major U.S. airlines reported their first-quarter earnings. Atlanta-based Delta Air Lines announced a loss of $607 million and United Airlines announced a whopping $2.1 billion loss for the same time period. Originally, Southwest Airlines and American Airlines — the two Dallas/Fort-Worth-headquartered competitors…

Looking At the First Half of Major U.S. Airlines’ Earnings

This week marks one of the first opportunities American investors and the public will have to see just how the airline industry is suffering as a result of the COVID-19 pandemic. The four largest U.S. carriers are all set to release their first-quarter earnings this week. United Airlines' numbers first…

Recap: U.S. Airlines Report Second Quarter Earnings Amid Rising Fuel…

Over the past few weeks, airlines in the U.S. have been releases their second quarter 2018 earnings. These releases were of particular interest to curious investors looking to see how airlines would handle increasing fuel costs. The major carriers all announced various plans to alleviate the tension of rising fuel…

Delta Sets the Pace for a Strong Industry Outlook

Delta Air Lines posted record revenues for the first quarter of 2018 and set an upbeat tone for the entire industry. The airline had an operating revenue of $9.76 billion and a net income of $547 million, resulting in an earnings per share of 74 cents, one cent higher than…

Full Analysis: American Airlines Second Quarter Earnings Signal Both Growth…

American Airlines announced their second quarter earnings late last week, beating analyst expectations with revenues of $11.1 billion and a diluted EPS excluding special items of $1.92 vs analyst expectations of revenues of $11.08 billion and an EPS of $1.87. Second quarter net profit fell 15 percent due to increases…