Transportation
Major U.S. Airlines Projected to Post Record Revenue and Near Record Profits for Q2
Published:
Last Updated:
By the end of next week, AirlineFinancials.com is projecting the seven largest U.S. airlines will have collectively reported $2.0 billion in profits from $37.1 billion in revenue for the second quarter. This will be a record for second-quarter revenue and the second-highest Q2 profit since the 1990s. And this will be the first time since that decade that the industry will have a second-quarter profit three years in a row.
For full year 2012, AirlineFinancials.com is projecting these seven airlines will report $5.8 billion in profits from $141 billion in revenues. This profit and revenue also will be records for the airline industry, as well as the first time since the 1990s the industry will have annual profits three years in a row.
Individual airline projections for second quarter 2012:
- United (NYSE: UAL): $613 million profit from $10.1 billion revenue
- Delta (NYSE: DAL): $609 million profit from $9.7 billion revenue
- American: $69 million profit from $6.5 billion revenue
- Southwest (NYSE: LUV): $257 million profit from $4.6 billion revenue
- US Airways (NYSE: LCC): $267 million profit from $3.8 billion revenue
- JetBlue (NASDAQ: JBLU): $60 million profit from $1.3 billion revenue
- Alaska (NYSE: ALK): $116 million profit from $1.2 billion revenue
*Projections exclude special items and one-time charges
____________________________________________________________
AirlineFinancials.com LLC is a globally recognized company that provides airline industry data, analysis and consulting services.
Want to Retire Early? Start Here (Sponsor)
Want retirement to come a few years earlier than you’d planned? Or are you ready to retire now, but want an extra set of eyes on your finances?
Now you can speak with up to 3 financial experts in your area for FREE. By simply clicking here you can begin to match with financial professionals who can help you build your plan to retire early. And the best part? The first conversation with them is free.
Click here to match with up to 3 financial pros who would be excited to help you make financial decisions.
Have questions about retirement or personal finance? Email us at [email protected]!
By emailing your questions to 24/7 Wall St., you agree to have them published anonymously on a673b.bigscoots-temp.com.
By submitting your story, you understand and agree that we may use your story, or versions of it, in all media and platforms, including via third parties.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.
Latest from 24/7
