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United States Department of Transportation United States Department of Transportation

Table 1. Annual U.S. Scheduled Service Passenger Airlines Financial Reports, 4Q 2017

Reports from 23 airlines in 2017, (Millions of dollars)

Dataset Table:

2013 2014 2015 2016 2017 Dollar Change ($ in Millions) 2016-2017
Net Income 12,161 7,447 24,788 14,047 15,484 1,437
Operating Profit/Loss 11,304 14,600 27,987 25,366 21,440 -3,927
Operating Revenue* 161,625 169,277 169,057 169,158 175,340 6,182
Fares 121,361 127,455 127,061 125,916 130,493 4,577
Baggage Fees 3,362 3,558 3,814 4,321 4,576 256
Reservation Change Fees 2,814 2,940 3,012 2,906 2,856 -49
Operating Expenses 150,322 154,677 141,070 143,792 153,900 10,109
Fuel 42,637 43,431 26,979 22,549 26,241 3,692
Labor 38,050 40,760 45,487 49,948 53,552 3,604

Notes:

* Passenger airline operating revenue includes four other categories.  1) Transport-related is revenue from services which grow from and are incidental to the air transportation services performed by the air carrier. Examples are in-flight onboard sales (food, liquor, pillows, etc), code share revenues, revenues from associated businesses (aircraft maintenance, fuel sales, restaurants, vending machines, etc). 2) Miscellaneous operating revenue includes pet transportation, sale of frequent flyer award miles to airline business partners and standby passenger fees.  3) Cargo revenue from transporting cargo in the belly of aircraft.  4)  Mail revenue from transporting mail in the belly of aircraft.  See the P1.2 database http://www.transtats.bts.gov/Fields.asp?Table_ID=295.

Source:

Bureau of Transportation Statistics, Form 41; Schedules P1.2 and P6