US 'big three' airlines report strong Q2, but headwinds are ahead - The Loadstar
Summary by The Loadstar
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US 'big three' airlines report strong Q2, but headwinds are ahead - The Loadstar
The big three US airlines posted strong results for the second quarter, but they expect turbulence as economic headwinds increase. All three carriers tabled year-on-year increases in overall revenue, with both American Airlines, at $14.4bn, and Delta ($16.6bn in operating revenue) hitting records. Their cargo business was strong, with gains in revenue ranging from 3.8% to 8.2%. United, the largest player, saw revenue up 3.8%, to $430m in the qua…
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