CAPA: Three major US airlines experience solid corporate revenue growth in 2Q2019

    CAPA – Centre for Aviation, in a report entitled: ‘US Big 3 airlines: Corporate travel holds up despite industrials’ lag’, stated (02-Aug-2019) American AirlinesDelta Air Lines and United Airlineshave experienced a solid performance in corporate revenue growth during 2Q2019, with reasonably positive outlooks expected for corporate demand in 3Q2019. Delta reported 8% corporate revenue growth during 2Q2019, while United saw corporate revenue growth of 6% and American‘s corporate revenue growth was in line with its system revenue growth. All signs point towards continued solid results for the three airlines, even as some US industrial sectors face headwinds. [more – CAPA Analysis]