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Global Analysis

The Q2 2024 Earnings Scoreboard

Global Analysis

The Q2 2024 Earnings Scoreboard

September 2024
32 min read
Gordon Smith and Jay Shabat

Skift Take

Cost pressures. Cooling demand. Geopolitical turbulence. Despite all of this, the second quarter of 2024 was a good one for the global passenger airline industry. Collectively, major airlines that disclose their quarterly financial results (most of them do) earned an 8% Q2 operating margin adjusted for special items. Airline Weekly crunches the big numbers for our flagship quarterly review.

Issue Overview

Cost pressures. Cooling demand. Geopolitical turbulence. Despite all of this, the second quarter of 2024 was a good one for the global passenger airline industry. Collectively, major airlines that disclose their quarterly financial results (most of them do) earned an 8% Q2 operating margin adjusted for special items. Airline Weekly crunches the big numbers for our flagship quarterly review.