Q2 In The Rearview Mirror: What Lessons Do We Get From Legacy Airline Earnings Season?

The second quarter of this year brought about both challenges and opportunities for the three largest North American Airlines. Delta Air Lines (NYSE: DAL), United Airlines (NYSE: UAL), and American Airlines (NYSE: AAL) all addressed both macroeconomic uncertainty and company-specific issues in their second-quarter guidance. Certainly, investors have been left with a great deal to consider.