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U.S. Department of Transportation U.S. Department of Transportation Icon United States Department of Transportation United States Department of Transportation

Table 1. Quarterly U.S. Scheduled Service Passenger Airlines Financial Reports, 2Q 2017

Reports from 24 airlines in 2Q 2017, (Millions of dollars)

Dataset Table:

2Q 2016 3Q 2016 4Q 2016 1Q 2017 2Q 2017 Dollar Change 2Q2016-2Q2017
Net Income 4,649 3,825 2,010 1,939 4,671 22
Operating Profit/Loss 7,873 7,248 4,102 3,267 7,734 -139
Operating Revenue* 43,505 44,406 41,103 39,696 46,190 2,685
Fares 32,462 33,325 30,450 29,387 34,633 2,171
Baggage Fees 1,073 1,101 1,029 1,027 1,177 104
Reservation Change Fees 755 731 661 724 738 -18
Operating Expenses 35,632 37,158 37,001 36,428 38,455 2,823
Fuel 5,566 6,096 5,844 5,938 6,450 884
Labor 12,213 12,748 12,955 12,784 13,616 1,403

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 belly of aircraft.  4)  Mail revenue from transporting mail in 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