Virgin America said unit revenue rose a healthy 2.6% in the first quarter and it guided toward a second-quarter decline between zero and minus 2%.
Spirit Airlines shares fell 9% on Wednesday as management project a second-quarter unit revenue decline of 15%. But some analysts are still buyers.
JetBlue shares rise as the carrier reported an April unit revenue gain of 3% to 4%, far exceeding Wall Street expectations.
American delayed deliveries, United traded deliveries and Delta picked Airbus, but the biggest problem for the Dreamliner is that Boeing can't make them fast enough
American Air CEO Doug Parker says his compensation will be taken entirely in stock, not dollars, which is perhaps a sign of a frothy stock market.
United is trading 10 787 Dreamliner orders back to Boeing in exchange for 777s in a deal that seems to benefit both companies.
Allegiant reports a record first quarter, beating estimates, and continues to plan rapid growth while voicing confidence that a federal judge will prevent its Teamsters pilots from striking.
As airlines report earnings, Wall Street will be watching to see whether American and United match Delta's capacity cuts.
The Pension Benefit Guaranty Corp. played a key role in the merger of American Airlines and US Airways.
Delta displayed discipline on Wednesday, announcing specific international capacity cuts months in advance. Usually, airlines cut routes quietly.