While American Airlines yesterday reported positive results year to date, capacity remains an issue as domestic airlines continue to struggle with pilot and staffing shortages.  American will continue to fly below 2019 capacity levels in the third quarter, but nevertheless, projects increased revenues resulting from higher fares. Delta, United, and American have now all reported Q2 profits due to a strong travel rebound and higher fares.

Read the rest of this entry »

United Airlines (UAL) yesterday reported second-quarter 2022 financial results. The company achieved the highest second-quarter revenue in its history, delivering its first profitable quarter since COVID-19 began, despite record-high fuel prices. Read the rest of this entry »