US Airline Companies Suffer $225 Million Net Loss in 1st Quarter

US Airline Companies Suffer $225 Million Net Loss in 1st Quarter

Airline companies in the United States suffered an after-tax net loss of $225 million in the first quarter of this year following three successive profitable quarters, the Bureau of Transportation Statistics (BTS) said in a June 17 statement. The recent decline follows a $2.4 billion net profit in the fourth quarter of 2024. On the positive side, this year’s first-quarter loss is lower than that of 2024, when the airlines registered $1.7 billion…

US Airline Companies Suffer $225 Million Net Loss in 1st Quarter - The Thinking Conservative

Airline companies in the United States suffered an after-tax net loss of $225 million in the first quarter of this year following three successive profitable quarters. The post US Airline Companies Suffer $225 Million Net Loss in 1st Quarter appeared first on The Thinking Conservative.