US airlines chart solid cargo revenues, but clouds of uncertainty form
The cargo operations of US passenger airlines generally do not garner a lot of attention. But there appears to be growing momentum in the space, with Southwest formally launching international cargo operations and Delta Air Lines and Korean working to maximise the benefits of their JV to include each airline’s cargo business. Each of the […]
US airlines"™ 1Q profits down 27% as expenses outpace revenues
Airlines eye retiring older aircraft if fuel costs continue to rise Pre-tax earnings for US airlines fell 27%"”down approximately $700 million year-over-year"”in the first quarter of 2018, as fuel, labor, airport and aircraft expenses outpaced revenues, according to an industry overview by Airlines for America (A4A) released May 23. The US airline industry, of which […]
