US airlines improve business prospects due to increased travel demand

The major US airlines increased their turnover prospects for the current quarter on Tuesday and plan to offset the increase in fuel thanks to higher ticket sales volumes.

American Airlines, United Airlines, Delta Air Lines and Southwest Airlines indicated, in both stock exchange documents, that they revised upwards the revenues they expect for the period from January to March, despite the impact of omicron at the beginning of the year.

American expects its turnover to be down 17% compared to 2019 - the reference year for air traffic, before the pandemic broke out - compared to 20-22% it expected so far.

Southwest expects declining turnover of 8% to 10% versus 10% to 15% down earlier, with spring break booking trends above 2019 levels.

American, United and Delta warned that the price they pay for fuel increased, while Southwest has a program that allows it to prevent risks of fluctuation.

However, some firms, such as Southwest, reduced the number of flights between March and May “due to persistent problems in finding enough staff.”

On the New York American stock exchange, United and Delta earned more than 9%. Southwest more than 8%.

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