US Airline Companies Suffer $225 Million Net Loss in 1st Quarter

As air travel is down, the United States stands to lose $12.5 billion in international visitor spending this year, said a tourism organization.
US Airline Companies Suffer $225 Million Net Loss in 1st Quarter
United Airlines planes land and prepare to take off at Newark Liberty International Airport in Newark, N.J., on Jan. 27, 2025. Fabrizio Bensch/Reuters
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Airline companies in the United States suffered an after-tax net loss of $225 million in the first quarter of this year following three successive profitable quarters, the Bureau of Transportation Statistics (BTS) said in a June 17 statement.

The recent decline follows a $2.4 billion net profit in the fourth quarter of 2024. On the positive side, this year’s first-quarter loss is lower than that of 2024, when the airlines registered $1.7 billion in net loss.

Naveen Athrappully
Naveen Athrappully
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Naveen Athrappully is a news reporter covering business and world events at The Epoch Times.