{"id":113719,"date":"2021-09-16T09:27:18","date_gmt":"2021-09-16T07:27:18","guid":{"rendered":"https:\/\/www.voyages-d-affaires.com\/?p=113719"},"modified":"2021-09-17T09:10:30","modified_gmt":"2021-09-17T07:10:30","slug":"us-carriers-covid-profits","status":"publish","type":"post","link":"https:\/\/www.voyages-d-affaires.com\/en\/us-carriers-covid-profits","title":{"rendered":"US carriers post first profits since Covid crisis"},"content":{"rendered":"<div class=\"vapo-snippet automatic\">\n<p>According to<strong> US Bureau of Transportation statistics<\/strong>,<strong> US scheduled airlines<\/strong> of passengers reported a<strong> net profit after tax of $1 billion in the second quarter of 2021<\/strong>. Significant improvement despite <strong>pre-tax operating loss of $3.6 billion<\/strong>. The second-quarter results represent the first profit since the fourth quarter of 2019, before the start of the COVID-19 pandemic.<\/p>\n<p>In the second quarter of 2021, <strong>the <a href=\"https:\/\/www.voyages-d-affaires.com\/en\/ponctualite-compagnies-aeriennes-us-20210311.html\/\">American airlines<\/a> reduced their first quarter losses by 124 %<\/strong>. Billion in net profit after tax for the second quarter...<\/p>\n<\/div>\n<div class=\"vapo-content\" style=\"display:none\"><p>According to<strong> US Bureau of Transportation statistics<\/strong>,<strong> US scheduled airlines<\/strong> of passengers reported a<strong> net profit after tax of $1 billion in the second quarter of 2021<\/strong>. Significant improvement despite <strong>pre-tax operating loss of $3.6 billion<\/strong>. The second-quarter results represent the first profit since the fourth quarter of 2019, before the start of the COVID-19 pandemic.<\/p>\n<p>In the second quarter of 2021, <strong>the <a href=\"https:\/\/www.voyages-d-affaires.com\/en\/ponctualite-compagnies-aeriennes-us-20210311.html\/\">American airlines<\/a> reduced their first quarter losses by 124 %<\/strong>. The billion dollars in net profit after tax in the second quarter represents a difference of 5.2 billion dollars compared with the loss of 4.2 billion dollars in the first quarter.<\/p>\n<p>The pre-tax operating loss for the second quarter was $3.6 billion. While still high, this represents a reduction of $9.1 billion on the first quarter loss of $12.7 billion.<\/p>\n<p><strong>This upturn is primarily domestic<\/strong>Travel restrictions continue to affect international demand. And this is likely to continue, with the US government as reluctant as ever to reopen its borders. <strong>The domestic business generated a pre-tax net profit of 1.8 billion in the 2nd quarter. <\/strong><\/p>\n<h3><span style=\"color: #a71f31\">Visible improvement<\/span><\/h3>\n<p>If we refer to the results of the <strong>24 major US airlines<\/strong>The figures are as follows:<\/p>\n<p><strong>- Profit\/loss after tax<\/strong><\/p>\n<p>1.0 billion in profits in Q2 2021<br \/>\nThis compares with a loss of $4.2 billion in the first quarter of 2021.<br \/>\nThis compares with a loss of $11.0 billion in the 2nd quarter of 2020.<br \/>\nThis compares with a profit of $4.8 billion in Q2 2019, before the pandemic.<\/p>\n<p><strong>- Operating profit\/loss before tax<\/strong><\/p>\n<p>Losses of $3.6 billion in the 2nd quarter of 2021<br \/>\nThis compares with a loss of $12.7 billion in the first quarter of 2021.<br \/>\nThis compares with a loss of $16.3 billion in the 2nd quarter of 2020.<br \/>\nThis compares with a profit of $6.9 billion in Q2 2019 before the pandemic.<\/p>\n<p><strong>- Total operating revenues for the 2nd quarter of 2021: $31.6 billion<\/strong><\/p>\n<p><strong>- Share of total operating revenues in Q2 2021<\/strong><\/p>\n<p>Ticket sales: $20.7 billion, 65.5 1Q3T, compared with $4.0 billion in Q2 2020.<br \/>\nBaggage costs: $1.4 billion, or 4.4 1TP3Q, compared with $221.2 million in Q2 2020.<br \/>\nReservation change fees: $137.2 million, or 0.4 1Q3, compared with $80.8 million in Q2 2020.<\/p>\n<p><strong>- Expenses<\/strong><\/p>\n<p>Fuel: $5.5 billion, 15.6 %, compared with $1.2 billion in Q2 2020.<br \/>\n- Workforce: $12.5 billion, or 35.7 1Q3T, compared with $11.3 billion in Q2 2020.<\/p>\n<h3><span style=\"color: #a71f31\">International business still at a low ebb<\/span><\/h3>\n<p>International traffic continues to be affected by US government restrictions. Losses still amounted to $773.8 million in the second quarter. This is an improvement on the first quarter, as for the first time since the pandemic, this loss has fallen below the billion-dollar mark.<\/p>\n<p><strong>- International net profit\/loss after tax<br \/>\n<\/strong><\/p>\n<p>Loss of $773.8 million in Q2 2021<br \/>\nThis compares with a loss of $1.8 billion in the first quarter of 2021.<br \/>\nThis compares with a loss of $2.1 billion in the 2nd quarter of 2020.<br \/>\nThis compares with a profit of $1.2 billion in Q2 2019 before the pandemic.<\/p>\n<p><strong>- International operating profit\/loss before tax<\/strong><\/p>\n<p>1.5 billion loss in Q2 2021<br \/>\nThis compares with a loss of $3.0 billion in the first quarter of 2021.<br \/>\nThis compares with a loss of $2.1 billion in the 2nd quarter of 2020.<br \/>\nThis compares with a profit of $1.6 billion in Q2 2019 before the pandemic.<\/p>\n<p><strong>- International operating revenues in Q2 2021: $5.1 billion<\/strong><\/p>\n<p><strong>- Share of total international operating revenues in Q2 2021<\/strong><\/p>\n<p>Ticket sales: $3.3 billion, 64.7 1TP3Q, compared with $340.0 million in Q2 2020.<br \/>\nBaggage costs: $250.0 million, or 4.9 1Q3, compared with $19.5 million in Q2 2020.<br \/>\nReservation change fees: $16.3m, 0.3 1Q3Q, compared with $18m in Q2 2020.<\/p>\n<p>&nbsp;<\/p>\n<\/div>\n<div class=\"vapo-widget\"><\/div>","protected":false},"excerpt":{"rendered":"<p>For the first time since the start of the covid crisis in March 2020, US companies posted a profit of $1 billion, net after tax, in the second quarter of 2021.<\/p>","protected":false},"author":21,"featured_media":113721,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[59],"tags":[121,2107],"type-darticle":[],"n_magazine":[],"class_list":["post-113719","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-aerien","tag-etats-unis","tag-transport-aerien","vapo-premium"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v25.9 (Yoast SEO v25.9) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Retour des b\u00e9n\u00e9fices pour les transporteurs am\u00e9ricains<\/title>\n<meta name=\"description\" content=\"La situation financi\u00e8re s&#039;am\u00e9liore pour les compagnies a\u00e9riennes avec un premier b\u00e9n\u00e9fice r\u00e9alis\u00e9 au 2nd trimestre 2021.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, 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