Without credit card rewards, America's airlines would not be profitable. Excluding flights, drinks, amenities, upgrades, etc. paid for by points, all the major airlines are running at a loss.

Without credit card rewards, America's airlines would not be profitable.

Excluding flights, drinks, amenities, upgrades, etc. paid for by points, all the major airlines are running at a loss. pic.twitter.com/y7z0xgsOJH

— Crémieux (@cremieuxrecueil) March 5, 2026