Inflation Frustration: Our Q2 U.S. Airline Review

All major U.S. airlines have now reported their Q2 results, which in the aggregate looked pretty good. But while Alaska, Delta, and United thrived, others encountered more difficulties dealing with cost inflation, aircraft disruptions, self-inflicted wounds (American and Southwest), and a glut of domestic and Caribbean capacity. The capacity pressures, however, look set to ease as Southwest most importantly starts to shrink…

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