First Quarter 2020 U.S. Airline Financial Data
U.S. scheduled passenger airlines reported a first-quarter 2020 after-tax net loss of $5.2 billion and a pre-tax operating loss of $4.6 billion.
The first-quarter losses follow 27 consecutive quarterly after-tax net profits and 35 consecutive quarterly pre-tax operating profits.
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 2020 (Tables 1-6) financial results.