A Different Way to Look at the First Quarter

['Angry Bob Crandall', 'Exit Row Seat', 'Emil Denamark', 'Eric C', 'Mr. Eric', '.Wp-Block-Post-Author-Name Box-Sizing Border-Box', '.Wp-Block-Comment-Author-Name Box-Sizing Border-Box'] Cranky Flier 2025-07-24 00:00:00

I know we’re well into Q2 earnings season, but I’m gonna go back a quarter one more time. After the Department of Transportation (DOT) released Q1 2025 numbers, I created a post showing the airline changes in unit revenue and capacity in order to show how each airline was doing. So I’ve now gone back to do the slightly harder work to calculate total unit revenue (TRASM) numbers on my own. It still had a very good quarter compared to others. Overall, this wasn’t a good quarter for most, but this gives a better sense of exactly what was going on during Q1.