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

Reports from 24 airlines in 1Q 2017, (Millions of dollars)

Dataset Table:

Domestic Operations 1Q 2016 2Q 2016 3Q 2016 4Q 2016 1Q 2017 Dollar Change 1Q2016-1Q2017
Net Income 2,072 3,328 2,599 1,766 1,853 -219
Operating Profit/Loss 4,292 6,105 5,442 3,533 2,991 -1,301
Operating Revenue* 28,727 32,463 32,935 31,622 30,395 1,668
Fares 21,359 23,650 23,598 22,628 21,730 372
Baggage Fees 773 848 868 822 818 45
Reservation Change Fees 481 483 468 439 477 -4
Operating Expenses 24,434 26,358 27,493 28,089 27,404 2,970
Fuel 3,323 3,762 4,080 4,038 4,069 746
Labor 8,530 8,767 9,172 9,512 9,370 841

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