High fuel costs hurt Allegiant's (ALGT) bottom line in the first quarter of 2022. However, significant increase in passenger revenues drive the company's top line in the quarter.
Gol Linhas' (GOL) Q1 results benefit from significant increase in passenger revenues. The company's net operating revenues surge year-over-year, surpassing the 2019 levels.
Here is how Euronav NV (EURN) and Alaska Air Group (ALK) have performed compared to their sector so far this year.