1st Quarter 2024 Sees US Airlines Post $1.6 Billion Loss

Airlines across the US made a collective loss of $1.6 billion after tax in Q1 2024, according to figures released this week by the US Bureau of Transportation Statistics (BTS). The study looked at 25 US-based airlines, and showed that the loss in Q1 of this year had increased significantly from the $1.2 billion loss reported in Q1 2023.