The US Dept. of Transportation’s Bureau of Transportation Statistics (BTS) reports the 10 largest US scheduled passenger airlines recorded a first-quarter net loss of $433 million, compared to a $1.72 billion net loss for the year-ago quarter. US airlines rebounded with a $1.28 billion improvement for the first quarter, year-over-year. BTS, however, also noted it was the second consecutive quarterly net loss after two quarterly profits as a group. The 10 airlines—ranked by ...

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