earnings

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 air travel did not wane despite rising inflation in the United States. “I would like […]

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American, United Report Net Losses, Project Capacity Again Lower than 2019

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 on the top and bottom lines. United reported a total load factor — a measure […]

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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 it plans to reach a capacity greater than 50% of its pre-pandemic operations, measured in […]

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American Airlines Reports First Profit Since the Start of the Pandemic

On Thursday, American Airlines revealed its numbers for the second quarter of 2021, posting its first profit since the beginning of the pandemic. Specifically, the Fort Worth, Tex.-based carrier totaled a $19 million net profit, boosted by funds via the U.S. government’s Payroll Support Program – PSP. The Numbers During the second quarter of 2021, […]

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Aeromexico Seeks to Add 12 Boeing 737 MAXs to Its Fleet

Aeroméxico is currently working to incorporate new aircraft into its fleet with plans to add 12 new Boeing 737 MAX aircraft in the coming months, with the first arrival planned for October. In a press release, the Mexican carrier stated that these orders were in addition to the 28 that the company announced in April, […]

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