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Table 6. International Quarterly U.S. Scheduled Passenger Airlines Revenue, Expenses and Profits, 1Q 2017

Reports from 17 airlines in 1Q 2017, (millions of dollars)

1Q 20161Q 2017Change2016-2017 % Change% of 1Q 2017 Revenue or Expense Total
Operating Revenue
Passenger Fares (scheduled/charter)7,649.77,656.36.60.0982.32
Reservation Changes268.4246.3-22.1-8.232.65
Total Operating Revenue***10,424.79,300.5-1,124.2-10.78100.00
Operating Expense
Depreciation & Amortization589.1620.931.85.406.88
Landing Fees170.0164.0-6.0-3.531.82
Maintenance Materials167.5151.0-16.5-9.851.67
Total Operating Expense9,112.39,023.8-88.5-0.97100.00
Profits or Losses
Operating Profit1,312.3276.7-1,035.6-78.91N/A
Operating Margin# (%)12.63.0-9.6N/AN/A
Nonoperating Income/(Expense)##-128.5-123.05.5-4.28N/A
Pre-Tax Income1,183.9153.6-1,030.3-87.03N/A
Income Tax Benefit/(Expense)-199.3-67.8131.5-65.98N/A
Other Income/(Expense)
Net Income984.685.9-898.7-91.28N/A
Net Margin### (%)9.40.9-8.5N/AN/A
* 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.

Bureau of Transportation Statistics, Form 41; Schedules P1.2 and P6