etc...

US airlines struggle to hang on until profitability returns

The past month has been difficult for US air carriers. Vanguard suspended operations and filed for bankruptcy. US Airways also filed for protection from creditors, and United warned it may be next. American announced deep layoffs and other cutbacks. Experts warn of more troubles ahead but say the carriers that survive the shakeout should emerge stronger. The top 10 US airlines, based on second-quarter sales, with the profit or loss in that quarter in parentheses (in billions unless otherwise noted):

1. American Airlines $4.5 (– $465.0 million)
2. United Airlines 3.8 (– 392.0 million)
3. Delta Air Lines 3.5 (– 186.0 million)
4. Northwest Airlines 2.4 (– 93.0 million)
5. Continental Airlines 2.2 (– 35.0 million)
6. US Airways 1.9 (– 248.0 million)
7. Southwest Airlines 1.5 (+ 102.0 million)
8. America West 544 million (– 8.5 million)
9. Alaska Airlines 477 million (– 2.2 million)
10. ATA 318.5 million (– 22.8 million)

– Agence France-Presse

About these ads
Sponsored Content by LockerDome

We want to hear, did we miss an angle we should have covered? Should we come back to this topic? Or just give us a rating for this story. We want to hear from you.

Loading...

Loading...

Loading...

Save for later

Save
Cancel

Saved ( of items)

This item has been saved to read later from any device.
Access saved items through your user name at the top of the page.

View Saved Items

OK

Failed to save

You reached the limit of 20 saved items.
Please visit following link to manage you saved items.

View Saved Items

OK

Failed to save

You have already saved this item.

View Saved Items

OK