Delta Air Lines reported its second quarter 2024 results today, highlighted by operating revenue growth of 7% year-over-year to $16.658 billion, beating the consensus estimate of $15.452 billion. But while revenues solidly beat estimates, earnings did not. Delta’s net earnings…
In 2022, we had the battle for Cape Town , and there was an unusual route case. Here’s an update on where the market has moved since. South African Airways once dominated this market but has fallen away, a shadow…
SkyWest surpassed expectation in 1Q 2024. The carrier reported strong first quarter revenues and earnings as the US major airlines, including their regional affiliates, produced strong results. SkyWest operates regional flights for Delta, United, American, and Alaska Airlines, and carried…
Delta Air Lines reported revenues of $13.7 billion and a net profit of $37 million in the first quarter of 2024, the first quarter one profit since 2019 prior to the global pandemic. Revenues were 8% up over 2023, which…
A fascinating piece by The Air Current notes: “It was the CEOs of United Airlines, Southwest Airlines, American Airlines, and Alaska Airlines who ultimately catalyzed a change in leadership at the top of Boeing.” Boeing’s immediate future will elicit endless…
This week, JP Morgan hosted its Industrials Conference, with several airlines presenting their thoughts and outlook on 2024 and beyond. This article summarizes some of the key findings from that conference. The Network Carriers Delta, United, American, and Southwest participated…