Textron Says Varied Factors Caused Company to Miss Q4, 2021 Projections
The aviation recovery did help, but troubles from other segments hurt overall results.
Fourth quarter
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American Airlines Reports Best Revenue Since Pandemic, But Losses Persist
American Airlines reported fourth-quarter revenue of $9.4 billion on Thursday. Even though that number represents a 17 percent drop from the same period in 2019—the last normal year of travel—it was the highest revenue the airline has achieved throughout the pandemic. The airline says this is a signal that people want to travel—even with the […]
United Airlines’ 4Q Report Focuses on Expected Gains This Year
In reporting its fourth-quarter results, United Airlines (NASDAQ:UAL) said it faced “headwinds” from the emergence of the omicron variant of COVID-19 that have hurt demand for travel and are expected to slow its overall recovery. However, the company said it expects stronger performance this spring and summer. For the quarter, the Chicago-based airline reported revenue […]
Strong Demand for 737 Max Leads Q4 Deliveries for Boeing
After a challenging year in 2021—in which its rival delivered nearly twice as many commercial airframes—Boeing (NYSE:BA) released its fourth-quarter deliveries report Tuesday. Highlights from the report include: Boeing delivered 84 of its 737s in the fourth quarter, more than 31 percent of those sold in 2021. Across its entire commercial fleet, which includes the […]
