Weak Earnings, MRO Woes, Labor And Boeing Challenge U.S. Airlines
Delta Air Lines reports continued demand strength, recording the 11 highest sales days in its history this year.
Credit: AaronP/Bauer-Griffin/GC Images/Getty Images
Although four of the five largest U.S. airlines reported record revenue in the first quarter of 2024, only one posted a net profit for the period. Already beset by labor challenges and maintenance costs, carriers also are contending with Boeing’s production and delivery woes, overcapacity in certain...
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