Pre-tax earnings for US airlines fell 27%—down approximately $700 million year-over-year—in the first quarter of 2018, as fuel, labor, airport and aircraft expenses outpaced revenues, according to an industry overview by Airlines for America (A4A) released May 23. A4A represents six publicly traded US passenger carriers (Alaska Airlines, American Airlines, Hawaiian Airlines, JetBlue Airways, Southwest Airlines and United Airlines). The results presented in A4A’s ...

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