In the first quarter of 2021, my country's civil aviation industry was terrible, and its performance once again set a new loss record.
That is to say, the situation this year is worse than in 2020 and 2021.
However, the civil aviation industry in Europe and the United States ushered in a comprehensive recovery, especially the recovery speed of the civil aviation industry in the United States exceeded expectations.
With the first-quarter performance reports of domestic airlines released, the losses of most airlines are expanding.
So how are the performance of American aviation companies in the first quarter of 2022? Did they make money or lose money? What about airlines in our country?
US airlines listed on US stock , some listed on New York Stock Exchange , and some listed on Nasdaq .
Let’s take a look at the first quarter of 2022 performance of 11 airlines in the United States.
Delta Airlines
Operating income was US$9.348 billion, a year-on-year increase of 125.25%.
before tax profit - US$1.2 billion, a year-on-year loss of US$315 million.
American Airlines
Operating income was US$8.899 billion, a year-on-year increase of 122.03%.
before tax profit - US$2.086 billion, a year-on-year increase of US$513 million.
United Airlines
Operating income was US$7.566 billion, a year-on-year increase of 134.9%.
pre-tax profit - US$1.752 billion, basically the same as last year.
Southwest Airlines
Operating income was US$4.694 billion, a year-on-year increase of 128.75%.
pre-tax profit - US$376 million, a year-on-year increase of US$522 million.
JetBlue Airlines
Operating income was US$1.736 billion, a year-on-year increase of 136.83%.
before tax profit - US$398 million, a year-on-year loss of US$51 million.
Alaska Airlines
Operating income was US$1.681 billion, a year-on-year increase of 110.92%.
pre-tax profit - US$206 million, a year-on-year increase of US$33 million.
Hawaiian Airlines
Operating income was US$477 million, a year-on-year increase of 161.89%.
pre-tax profit - US$155 million, a year-on-year increase of US$95 million.
Zhengsheng Airlines
Operating income is US$500 million, a year-on-year increase of 79.17%.
pre-tax profit - US$10.567 million, an increase of US$19 million year-on-year.
spirit aviation
operating income was US$967 million, a year-on-year increase of 109.70%.
pre-tax profit - US$244 million, a year-on-year increase of US$106 million.
Border Airlines
Operating income was US$605 million, a year-on-year increase of 123.25%.
before tax profit - US$121 million, a year-on-year increase of US$30 million.
West Aviation Airlines
Operating income was US$735 million, a year-on-year increase of 37.53%.
before tax profit was US$24.76 million, a year-on-year decrease of US$11.16 million.
Through the first quarter performance of these 11 listed airlines in the United States, it is not difficult to find the following characteristics.
First, the operating income has increased significantly.
With the rapid recovery of the US civil aviation industry, the revenue of US airline companies has increased significantly, and the operating income of most airlines has doubled.
If we look at market demand, the US civil aviation industry has indeed exploded.
second is almost all losses.
Unexpectedly, American peers did not achieve a significant reversal in their performance and achieved profitability.
In fact, except for a lesser-known Weststar Airlines, all other American airlines have lost money.
It seems that the civil aviation industry is not only difficult for my country's civil aviation industry, and other countries are not making money easily.
Third, most of the losses are expanding
What people don’t understand is that the losses of the vast majority of American airline companies have not only not decreased, but have magnified.
In fact, there are two main important reasons:
On the one hand, the reason is that oil prices have increased significantly.
Otherwise the reason is that the US government’s fiscal support is no longer , We know that in the past two years, the US government has given huge salary assistance to US civil aviation enterprises, reducing a large amount of labor costs .
So, revenue has increased significantly this year, but costs have grown faster and there is no government subsidy, so most airlines are losing more.
However, in the second quarter, it is estimated that many American airline companies may achieve profitability.
