U.S. Airlines report second quarter 2020 losses
Sep 14, 2020U.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.
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