Delta Air Lines is one of the oldest active airlines and the world’s largest by revenue. With a fleet of over 975 aircraft, ...

In our opinion, Southwest has the best balance sheet of all the US-based carriers. As the pandemic has wreaked havoc on air travel demand and airlines’ business model, liquidity became more paramount ...

United came into the pandemic with a reasonable amount of debt, its gross debt covered EBITDA roughly 2 times in 2019 and 4.2 times in 2022. United, like all airlines, materially increased its ...