United and Alaska Air lay the foundation to defy historical 1Q losses in the US
Both United Airlines and Alaska Air Group appeared to have cracked the code to create meaningful results in 1Q - typically the weakest quarter for US airlines.
Each airline's profitability in 1Q2024 was wiped out by the grounding of their respective Boeing 737 MAX-9 fleets early in 2024, after the inflight blowout of a door plug on an Alaska Airlines 737-9.
Hopefully, the aircraft groundings should be a one-time event; but United and Alaska are bullish that profitability in 1Q2024 could become a common occurrence.
Become a CAPA Member to access Analysis Reports
Our Analysis Reports are only available to CAPA Members. CAPA Membership provides exclusive access to in-depth insights on the latest developments in the aviation and travel industry, developed by our team of dedicated analysts located in Europe, North America, Asia and Australia.
Each report offers a fresh perspective on the latest industry trends and is available online or via the CAPA mobile app, with customisable alerts to help you stay informed and identify new business opportunities.
CAPA Membership also provides access to our full suite of tools, including a tailored selection of more than 1,000 News Briefs every week and comprehensive data and analysis on thousands of companies around the world.