Air Freight News

U.S. Airlines report second quarter 2020 losses

Sep 14, 2020

U.S. scheduled passenger airlines reported a second-quarter 2020 after-tax net loss of $11.0 billion and a pre-tax operating loss of $16.2 billion.

These second-quarter losses are the second consecutive quarterly losses following 27 consecutive quarterly after-tax net profits and 35 consecutive quarterly pre-tax operating profits.

U.S. airline financial reports are filed quarterly with the Bureau of Transportation Statistics (BTS). See the tables that accompany this release on the BTS website for additional second-quarter 2020  financial results.

Similar Stories

https://www.ajot.com/images/uploads/article/DAT-TVI-Nov-2024-Van.png
DAT: November truckload volumes lagged robust October
View Article
https://www.ajot.com/images/uploads/article/McCown-Report-Top-10-US-Ports-.png
13.1% November increase for inbound boxes as volume gain strengthens
View Article
https://www.ajot.com/images/uploads/article/American_Airlines_Plane_1.jpg
American Airlines becomes only carrier to fly nonstop between Washington, D.C., and San Antonio
View Article
Open Skies agreement with the Dominican Republic enters into force

The U.S.-Dominican Republic Air Transport Agreement entered into force on December 19. This bilateral agreement establishes a modern civil aviation relationship with the Dominican Republic consistent with U.S. Open Skies…

View Article
https://www.ajot.com/images/uploads/article/WorldACD12202024.png
WorldACD Weekly Air Cargo Trends (week 50) - 2024
View Article
https://www.ajot.com/images/uploads/article/AM_CONNECTS_MIA_CUN_-_DEC_19.jpg
Aeromexico now connects Miami with Cancun
View Article