US airlines’ 1Q profits down 27% as expenses outpace revenues

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. A4A represents six publicly traded...
Mark Nensel

Mark Nensel is the Managing Editor of Aviation Daily. Prior to taking the helm of daily production of Aviation Week's commercial aviation newsletter…

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