A Q1 Check-In on American, Alaska, and Southwest
Q1 earnings season started off pleasantly enough: Delta showed nice profits. United showed nice profits. Last week, by contrast, American, Southwest, and Alaska all revealed Q1 losses. As you’ll read below, the news wasn’t all bad. Premium demand, for example, seems still immune from the brewing economic storm. Fuel prices, meanwhile, are exactly where airlines want them to be: In the basement.