Ua hakakā ʻo US Airlines me nā koi nāwaliwali i ka mahina ʻo Malaki i ka hāʻule ʻana o nā kumukūʻai o ka halihali e 0.9%, i alakaʻi ʻia e nā kumukūʻai haʻahaʻa haʻahaʻa a me nā mokulele: Nā mea hou loa.

Pōʻakahi, ʻApelila 14, 2025

I Malaki 2025, ua hakakā nā mokulele US me ka nāwaliwali o ka noi no ka huakaʻi ea, kahi i kōkua i ka ulu lohi o ka ʻoihana. Ua hui pū kēia ʻano me ka hāʻule ʻana o 0.9% o nā kumukūʻai kaʻa, i alakaʻi mua ʻia e ka emi ʻana o 14.4% o nā kumukūʻai ʻaila a me ka hoʻemi ʻana he 2% o nā kumukūʻai mokulele. ʻO kēia mau mea, i hui pū ʻia me ka neʻe ʻana o ka mea kūʻai aku a me ka maopopo ʻole o ka hoʻokele waiwai, ua hoʻokumu i nā luʻi hou no nā mokulele i ko lākou alo ʻana i nā haʻahaʻa haʻahaʻa a me nā wānana ulu.

ʻO ka hōʻike mahina BTS no Malaki 2025 i hōʻike ʻia ʻo ka hōʻemi ʻana i ke kumukūʻai o ka ʻaila i ka hopena nui loa i ka emi ʻana o ka CPI, ʻoiai ke hoʻomau nei nā kumukūʻai mokulele mokulele i ko lākou iho iho ma muli o ka hoʻololi ʻana i nā kumu koi i loko o ka ʻoihana mokulele.

ʻO kēia hoʻemi ʻana i nā lilo o ka lawe ʻana he hopena like ia i ka hana kālā o nā mokulele US. ʻO kekahi mea lawe koʻikoʻi, nāna i hoʻokuʻu i kāna mau hopena Q1 ma ka lā 9 ʻApelila, ua hoʻopaʻa i ka loaʻa kālā ʻaʻole i hoʻoponopono ʻia he $240 miliona a me ka loaʻa kālā he $569 miliona. Ua ulu ka loaʻa kālā o kāna hana e 2% makahiki-ma-makahiki (YoY), a hiki i $ 14 biliona. Eia naʻe, ua hāʻule ka palena hana i hoʻoponopono ʻole ʻia e 11%, ʻoiai he 7% ka emi ʻana o nā kumukūʻai e pili ana i ka wahie, ʻoiai ua piʻi nā kumukūʻai ʻole i ka wahie e 7% YoY.

Ma ka hoʻohālikelike ʻana, ʻo kahi mokulele haʻahaʻa haʻahaʻa nui, ka mea i hōʻano hou i nā mea hoʻopukapuka ma ʻApelila 10, i hōʻike i nā hopena nāwaliwali-ma mua o ka mea i manaʻo ʻia no Q1. ʻOiai ke manaʻo nei ka mokulele i ka ulu ʻana o 5% o ka loaʻa a me ka hiki, ʻoi aku ka palupalu o ka noi no ka huakaʻi ea ma Malaki ma mua o ka mea i manaʻo ʻia. ʻO kēia hāʻule ʻana o ka noi i alakaʻi ʻia i ka pālahalaha ʻana o nā kumukūʻai a me nā hoʻolaha ʻana, kahi pilikia nui ma muli o ka hilinaʻi ʻana o ka mokulele i nā puke kokoke. I ka pane ʻana, ua hoʻoholo ka mokulele e hōʻemi i kāna kaha Q2, ma mua o nā lā o waho e like me ka Pōʻalua a me ka Pōʻakolu, a ke manaʻo nei ka ulu ʻana o kona hiki i Q2 i nā helu haʻahaʻa haʻahaʻa makahiki-ma-makahiki (YoY).

ʻO nā mea lawe nui ʻē aʻe o ʻAmelika, me ka poʻe me nā māhele mākeke koʻikoʻi, ua hōʻike pū i nā hopohopo e pili ana i ka emi ʻana o ka noi ma Malaki. Ua hoʻoponopono hou kekahi mokulele i kāna wānana kālā Q1 e hōʻike i ka ulu ʻana o YoY, mai ka wānana mua o ka piʻi ʻana o 3% a 5%. No laila, ua hoʻoponopono ka mokulele i kāna wānana loaʻa, me ka manaʻo i ka nui o ka pohō i hoʻololi ʻia i kēlā me kēia mahele o $0.60 a i $0.80, i hoʻohālikelike ʻia me ka manaʻo mua o kahi poho ma waena o $0.20 a me $0.40. Pēlā nō, ua hoʻohaʻahaʻa kekahi mea lawe nui i kāna loaʻa kālā no ka loaʻa ʻana o nā mile noho (RASM) i ka wanana ulu ʻana i ka 2% a i ka 4%, i lalo mai kahi kuhi mua o 5% a i 7%, e hōʻike ana i ka emi ʻana o nā puke ma muli o nā pilikia macroeconomic. Ua aʻo aku ke kolu o ka mea lawe kaʻa e pili ana i ke koi paʻa ʻole, ka mea i hoʻopilikia i kona mau wahi noho mile (ASM), e wānana ana i ka 4% a 5% ka emi ʻana o ka hiki, ke hoʻohālikelike ʻia me kahi wānana mua o 2% a 5%.

I Malaki 2025, ua hakakā nā mokulele US me ka nāwaliwali o ka noi, e hāʻawi ana i kahi hāʻule o 0.9% o nā kumukūʻai kaʻa, alakaʻi ʻia e nā kumukūʻai haʻahaʻa haʻahaʻa a hoʻemi i ka mokulele.

Hoʻopili ʻia kēia mau ʻano e ka hoʻomau ʻole ʻana i ka ʻoihana hoʻokele waiwai, me ka hoʻololi ʻana i nā kulekele tariff US i hoʻohui i ka volatility i nā ʻoihana huakaʻi a me nā mokulele. Ua lilo kēia i mea hopohopo i waena o nā mea hoʻopukapuka kālā, e hoʻopiʻi hou ana i ka ʻike waiwai no ka ʻāpana mokulele a me ka mākeke ākea.