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Alaska Airlines to Investors: Revenue Is Soaring

TheMotleyFool

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Alaska Airlines to Investors: Revenue Is Soaring

So far, 2022 has been a rough year for U.S. airlines. Staffing shortages across the industry have led to numerous operational meltdowns. Training constraints, particularly for pilots, have made it hard to address these shortages. As a result, airlines have been forced to slash their flight schedules.

Meanwhile, oil prices are soaring because of rebounding travel demand, geopolitical factors, and years of low investment in the energy sector. The price of jet fuel hit a record high earlier this spring.