U.S. airlines post loss of $1.73B in Q1, A4A says

The 10 U.S. airlines that have reported results for the first quarter lost $1.73 billion in total, reports Airlines for America. "With fuel at record-high levels, the financial loss suffered in the first quarter would have been substantially deeper if not for the significant proactive steps that the airlines have taken" to trim capacity and keep costs low, said John Heimlich, chief economist for A4A.

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A4A: US airlines report 1Q loss of $1.73 billion, down 74% - Air Transport World

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