US Airlines lose $1.2 billion in first quarter 2023, an improvement over first quarter 2022
Source: US DOT U.S. airline financial reports are filed quarterly with the Bureau of Transportation Statistics (BTS). See the tables that accompany this release on the BTS website for additional first-quarter (Tables 1-6) financial results. 1Q 2023 Results for All 26 Scheduled U.S. Passenger Airlines U.S. scheduled passenger airlines reported a first-quarter 2023 after-tax net loss of $1.2 billion and a pre-tax operating gain of $32 million. One year earlier, in the first quarter of 2022, the airlines reported an after-tax net loss of $5.1 billion and a pre-tax operating loss of $5.2 billion. After-tax net income $1.2 billion loss in 1Q 2023 Compared to $2.1 billion gain in 4Q 2022 Compared to $5.1 billion loss in 1Q 2022 Pre-tax [...]