Sputtering After Strong '06

First quarter financial reports show that U.S. airlines are not doing well financially. Half of the 10 largest are in the red. This comes after a good year in 2006, with the best performance since 2000. Compared to first quarter reports a year ago, losses narrowed considerably. And more airlines were profitable on the operating level, with seven of 10 in the black in those terms. Slow growth is the prevalent theme, with the top 10 increasing capacity by just 2.4 percent. The load factor was virtually flat, and traffic increased just 2.6 percent. Cost control was a major priority. Details and charts analyzing results are provided.

Language

  • English

Media Info

  • Media Type: Print
  • Features: Tables;
  • Pagination: pp 66-67
  • Serial:

Subject/Index Terms

Filing Info

  • Accession Number: 01052257
  • Record Type: Publication
  • Source Agency: UC Berkeley Transportation Library
  • Files: BTRIS, TRIS
  • Created Date: Jun 21 2007 1:24PM