US carriers optimistic for return to profitability in 2022 despite Q1 losses

U.S. carriers continued year-over-year cargo revenue improvements during the first quarter of 2022, but sharp increases in operating expenses had American Airlines, Delta Air Lines and United Airlines all reporting net losses for the quarter. Nevertheless, major U.S. carriers expect to return to profitability for the 2022 fiscal year, thanks to returning travel demand and […]

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