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Table 2. Domestic 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 7,772 5,741 18,033 10,264 13,394 3,130
Operating Profit/Loss 7,308 10,790 20,808 19,899 17,857 -2,042
Operating Revenue* 114,651 120,831 122,544 126,739 132,748 6,009
Fares 83,968 89,258 90,957 91,906 95,121 3,215
Baggage Fees 2,612 2,777 2,980 3,445 3,612 167
Reservation Change Fees 1,788 1,869 1,927 1,880 1,874 -6
Operating Expenses 107,343 110,042 101,736 106,840 114,891 8,051
Fuel 27,677 28,057 17,727 15,387 17,799 2,412
Labor 27,436 29,241 32,823 36,215 38,954 2,739

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