Table 5. Jan-Dec U.S. Scheduled Domestic Passenger Airlines Revenue, Expenses and Profits
Reports from 25 airlines in 2016, (Millions of dollars)
Dataset Table:
| Jan-Dec 2015 | Jan-Dec 2016 | Change | 2015-2016 % Change | % of YTD 2016 Revenue or Expense Total | |
|---|---|---|---|---|---|
| Operating Revenue | |||||
| Passenger Fares (scheduled/charter) | 90,956.6 | 91,234.5 | 277.9 | 0.31 | 72.55 |
| Cargo | 994.6 | 907.3 | -87.3 | -8.78 | 0.72 |
| Baggage | 2,979.6 | 3,310.3 | 330.7 | 11.10 | 2.63 |
| Reservation Changes | 1,926.7 | 1,870.3 | -56.4 | -2.93 | 1.49 |
| Transport-Related* | 21,874.3 | 24,192.6 | 2,318.3 | 10.60 | 19.24 |
| Other** | 3,812.1 | 4,231.6 | 419.5 | 11.00 | 3.37 |
| Total Operating Revenue*** | 122,543.9 | 125,746.6 | 3,202.7 | 2.61 | 100.00 |
| Operating Expense | |||||
| Fuel | 17,726.7 | 15,204.0 | -2,522.7 | -14.23 | 14.29 |
| Labor | 32,823.1 | 35,980.0 | 3,156.9 | 9.62 | 33.82 |
| Rentals | 6,607.4 | 6,766.6 | 159.2 | 2.41 | 6.36 |
| Depreciation & Amortization | 5,369.1 | 6,174.2 | 805.1 | 15.00 | 5.80 |
| Landing Fees | 2,174.5 | 2,233.1 | 58.6 | 2.69 | 2.10 |
| Maintenance Materials | 1,819.2 | 1,860.2 | 41.0 | 2.25 | 1.75 |
| Transport-Related* | 14,959.5 | 16,719.4 | 1,759.9 | 11.76 | 15.72 |
| Other**** | 20,256.7 | 21,438.0 | 1,181.3 | 5.83 | 20.15 |
| Total Operating Expense | 101,736.2 | 106,375.5 | 4,639.3 | 4.56 | 100.00 |
| Profits or Losses | |||||
| Operating Profit | 20,807.7 | 19,371.1 | -1,436.6 | -6.90 | N/A |
| Operating Margin# (%) | 17.0 | 15.4 | -1.6 | N/A | N/A |
| Nonoperating Income/(Expense)## | -3,208.9 | -2,901.0 | 307.9 | -9.60 | N/A |
| Pre-Tax Income | 17,598.8 | 16,470.0 | -1,128.8 | -6.41 | N/A |
| Income Tax Benefit/(Expense) | 433.7 | -6,707.1 | -7,140.8 | -1,646.48 | N/A |
| Other Income/(Expense) | 0.0 | 0.0 | 0.0 | 0.0 | N/A |
| Net Income | 18,032.5 | 9,762.9 | -8,269.6 | -45.86 | N/A |
| Net Margin### (%) | 14.7 | 7.8 | -7.0 | 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