Gray Skies For Airlines

  • May 2020
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GRAY SKIES

Second-quarter financial reports Tuesday showed the recession’s continuing effect on airline revenue. Net income shows less of a trend because it may be affected by one-time charges.

Revenue

April-June, in millions

Net income

April-June, in millions

Continental $4,044 $3,126

Southwest

American

$6,179

$2,869 $2,616

$4,889

United $5,371

$4,018

2008 2009 $321 -$5

$54

-$213

Sources: Bloomberg; company financial statements

$28 -$1,461

-$390 -$2,740

JAY CARR : C H R O N I C L E

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