Official US Government Icon

Official websites use .gov
A .gov website belongs to an official government organization in the United States.

Secure Site Icon

Secure .gov websites use HTTPS
A lock ( ) or https:// means you’ve safely connected to the .gov website. Share sensitive information only on official, secure websites.

 Find the latest Coronavirus-related transportation statistics on the BTS COVID-19 landing page.

United States Department of Transportation United States Department of Transportation

Table 4. Jan-Dec U.S. Scheduled Passenger Airlines Revenue, Expenses and Profits, 4Q 2017

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

Dataset Table:

Jan-Dec 2016 Jan-Dec 2017 Change 2016-2017 % Change % of YTD 2017 Revenue or Expense Total
Operating Revenue
Passenger Fares (scheduled/charter) 125,916.4 130,493.1 4,576.7 3.63 74.42
Cargo 2,629.2 2,984.6 355.4 13.52 1.70
Baggage 4,320.6 4,576.4 255.8 5.92 2.61
Reservation Changes 2,905.7 2,856.3 -49.4 -1.70 1.63
Transport-Related* 28,095.2 28,694.1 598.9 2.13 16.36
Other** 5,290.7 5,735.3 444.6 8.40 3.27
Total Operating Revenue*** 169,157.8 175,339.8 6,182.0 3.65 100.00
Operating Expense
Fuel 22,549.2 26,241.3 3,692.1 16.37 17.05
Labor 49,948.0 53,552.4 3,604.4 7.22 34.80
Rentals 8,777.2 8,886.8 109.6 1.25 5.77
Depreciation & Amortization 8,773.2 9,050.5 277.3 3.16 5.88
Landing Fees 2,976.8 3,056.3 79.5 2.67 1.99
Maintenance Materials 2,499.8 2,437.5 -62.3 -2.49 1.58
Transport-Related* 17,995.4 19,009.0 1,013.6 5.63 12.35
Other**** 30,272.2 31,666.5 1,394.3 4.61 20.58
Total Operating Expense 143,791.8 153,900.3 10,108.5 7.03 100.00
Profits or Losses
Operating Profit 25,366.0 21,439.5 -3,926.5 -15.48 N/A
Operating Margin# (%) 15.0 12.2 -2.8 N/A N/A
Nonoperating Income/(Expense)## -3,331.0 -2,297.6 1,033.4 -31.02 N/A
Pre-Tax Income 22,035.0 19,141.5 -2,893.5 -13.13 N/A
Income Tax Benefit/(Expense) -7,988.5 -3,658.0 4,330.5 -54.21 N/A
Other Income/(Expense) 0.0 0.0 0.0 0.0 N/A
Net Income 14,046.5 15,483.5 1,437.0 10.23 N/A
Net Margin### (%) 8.3 8.8 0.5 N/A N/A

Notes:

* Transport-Related is revenue/expenses 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 and expenses from associated businesses (aircraft maintenance, fuel sales, restaurants, vending machines, etc).  
** Other revenue includes miscellaneous operating revenue (including pet transportation, sale of frequent flyer award miles to airline business partners and standby passenger fees) and public service revenues subsidy.
*** Based on U.S. Department of Transportation accounting standards, Total Operating Revenues are overstated by code share revenues which are included in both the mainline Transport-Related Revenues and the code share Passenger Revenue. Code share revenues are expensed out in the mainline Transport-Related Expense to allow a true Operating Profit(Loss). This reporting may understate all components of operating revenue, including Passenger Revenue, as a percentage of Total Operating Revenue.
**** Other expense includes purchase of materials such as passenger food and other materials; and purchase of services such as advertising, communication, insurance, outside flight equipment maintenance, traffic commissions and other services. 
# Operating margin is the operating profit or loss as a percentage of operating revenue
## Nonoperating Income and Expense includes interest on long-term debt and capital leases, other interest expense, foreign exchange gains and losses, capital gains and losses and other income and expenses.
### Net margin is the net income or loss as a percentage of operating revenue.

Source:

Bureau of Transportation Statistics, Form 41; Schedules P1.2 http://www.transtats.bts.gov/Fields.asp?Table_ID=295 and P6 http://www.transtats.bts.gov/Fields.asp?Table_ID=291