In the second quarter of 2025, several major companies in the airline, aerospace, and financial sectors reported mixed earnings results. United Airlines posted revenue of $15.2 billion, slightly below estimates of $15.33 billion but up 1.7% year-over-year, with adjusted earnings per share (EPS) of $3.87 surpassing the $3.84 estimate. Passenger revenue was $13.84 billion, marginally under expectations. The airline anticipates challenges ahead with headwinds in revenue and guidance. American Airlines reported a record-high revenue of $14.4 billion, beating estimates of $14.29 billion, and an adjusted EPS of $0.95, above the $0.78 estimate. However, it issued a cautious outlook, forecasting a third-quarter adjusted loss per share between $0.10 and $0.60 and a full-year adjusted EPS range from a loss of $0.20 to a gain of $0.80, reflecting concerns over future travel demand. Southwest Airlines also faced earnings pressure due to weak U.S. travel demand, leading to a 12% decline in its stock after cutting its 2025 profit outlook. American Express reported strong second-quarter results with revenue of $17.86 billion, exceeding estimates of $17.71 billion, and adjusted EPS of $4.08, above the $3.87 estimate. Card member spending reached a record $416.3 billion, up 7% year-over-year. Lockheed Martin experienced a sharp 80% decline in second-quarter profit due to a $1.6 billion special charge, causing shares to tumble and prompting a downward revision of its outlook. Airbus reported first-half 2025 revenue of €29.61 billion and adjusted EBIT of €2.20 billion, exceeding estimates, with an EPS of €1.93. Despite a negative adjusted free cash flow of €1.61 billion, the company maintained its 2025 guidance and highlighted the ramp-up of A320 production. Lufthansa posted higher-than-expected second-quarter earnings with adjusted EBIT of €871 million, above the €801.4 million estimate, and revenue of €10.32 billion. The airline reaffirmed its full-year 2025 guidance, supported by strong transatlantic demand and lower oil prices. Air France-KLM also reported improved second-quarter earnings driven by a revamped business and first-class product that boosted yields, offsetting lower ticket prices, while reduced fuel costs helped control expenses.