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Table 2. Domestic Quarterly U.S. Scheduled Service Passenger Airlines Financial Reports, 3Q 2017

Reports from 24 airlines in 3Q 2017, (Millions of dollars)

Dataset Table:

Domestic Operations 3Q 2016 4Q 2016 1Q 2017 2Q 2017 3Q 2017 Dollar Change 2Q2016-2Q2017
Net Income 2,584 1,766 1,853 4,058 2,638 54
Operating Profit/Loss 5,441 3,533 2,991 6,502 4,726 -715
Operating Revenue* 32,935 31,622 30,395 34,957 33,650 715
Fares 23,598 22,628 21,730 25,245 24,117 520
Baggage Fees 868 822 818 930 950 83
Reservation Change Fees 468 439 477 481 465 -3
Operating Expenses 27,495 28,089 27,404 28,455 28,924 1,429
Fuel 4,080 4,038 4,069 4,320 4,548 468
Labor 9,172 9,512 9,370 9,800 9,726 554

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