Table 5. Domestic Quarterly U.S. Scheduled Passenger Airlines Revenue, Expenses and Profits
Reports from 25 airlines in 3Q 2016 (Millions of dollars)
Dataset Table:
| 3Q 2015 | 3Q 2016 | Change | 2015-2016 % Change | % of 3Q 2016 Revenue or Expense Total | |
|---|---|---|---|---|---|
| Operating Revenue | |||||
| Passenger Fares (scheduled/charter) | 23,721.9 | 23,597.8 | -124.1 | -0.52 | 71.65 |
| Cargo | 253.5 | 235.0 | -18.5 | -7.30 | 0.71 |
| Baggage | 793.3 | 867.6 | 74.3 | 9.37 | 2.63 |
| Reservation Changes | 473.6 | 467.6 | -6.0 | -1.27 | 1.42 |
| Transport-Related* | 5,725.7 | 6,703.4 | 977.7 | 17.08 | 20.35 |
| Other** | 1,167.7 | 1,063.7 | -104.0 | -8.91 | 3.23 |
| Total Operating Revenue | 32,135.7 | 32,935.1 | 799.4 | 2.49 | 100.00 |
| Operating Expense | |||||
| Fuel | 4,577.8 | 4,080.2 | -497.6 | -10.87 | 14.84 |
| Labor | 8,453.5 | 9,171.9 | 718.4 | 8.50 | 33.36 |
| Rentals | 1,647.9 | 1,717.2 | 69.3 | 4.21 | 6.25 |
| Depreciation & Amortization | 1,355.5 | 1,517.4 | 161.9 | 11.94 | 5.52 |
| Landing Fees | 571.6 | 588.8 | 17.2 | 3.01 | 2.14 |
| Maintenance Materials | 447.9 | 464.4 | 16.5 | 3.68 | 1.69 |
| Transport-Related* | 3,771.8 | 4,438.6 | 666.8 | 17.68 | 16.14 |
| Other*** | 5,079.8 | 5,514.4 | 434.6 | 8.56 | 20.06 |
| Total Operating Expense | 25,905.8 | 27,492.9 | 1,587.1 | 6.13 | 100.00 |
| Profits or Losses | |||||
| Operating Profit | 6,229.8 | 5,442.2 | -787.6 | -12.64 | N/A |
| Operating Margin**** (%) | 19.4 | 16.5 | -2.9 | N/A | N/A |
| Nonoperating Income/(Expense)# | -910.2 | -989.4 | -79.2 | 8.70 | N/A |
| Pre-Tax Income | 5,319.7 | 4,452.8 | -866.9 | -16.30 | N/A |
| Income Tax Benefit/(Expense) | 347.4 | -1,854.2 | -2,201.6 | -633.74 | N/A |
| Other Income/(Expense) | 0.0 | 0.0 | 0.0 | 0.0 | N/A |
| Net Income | 5,667.1 | 2,598.6 | -3,068.5 | -54.15 | N/A |
| Net Margin## (%) | 17.6 | 7.9 | -9.7 | 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.
*** 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 and P6