Table 6. International 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) | 10,364.0 | 9,727.4 | -636.6 | -6.14 | 84.80 |
| Cargo | 454.4 | 429.1 | -25.3 | -5.57 | 3.74 |
| Baggage | 225.6 | 233.2 | 7.6 | 3.37 | 2.03 |
| Reservation Changes | 281.6 | 263.2 | -18.4 | -6.53 | 2.29 |
| Transport-Related* | 1,444.4 | 544.7 | -899.7 | -62.29 | 4.75 |
| Other** | 294.9 | 272.8 | -22.1 | -7.49 | 2.38 |
| Total Operating Revenue | 13,064.9 | 11,470.4 | -1,594.5 | -12.20 | 100.00 |
| Operating Expense | |||||
| Fuel | 2,493.4 | 2,015.9 | -477.5 | -19.15 | 20.86 |
| Labor | 3,413.8 | 3,576.1 | 162.3 | 4.75 | 37.00 |
| Rentals | 519.2 | 510.3 | -8.9 | -1.71 | 5.28 |
| Depreciation & Amortization | 544.8 | 599.2 | 54.4 | 9.99 | 6.20 |
| Landing Fees | 185.4 | 189.8 | 4.4 | 2.37 | 1.96 |
| Maintenance Materials | 187.6 | 143.5 | -44.1 | -23.51 | 1.48 |
| Transport-Related* | 834.6 | 176.1 | -658.5 | -78.90 | 1.82 |
| Other*** | 2,287.4 | 2,453.7 | 166.3 | 7.27 | 25.39 |
| Total Operating Expense | 10,466.2 | 9,664.5 | -801.7 | -7.66 | 100.00 |
| Profits or Losses | |||||
| Operating Profit | 2,598.7 | 1,805.9 | -792.8 | -30.51 | N/A |
| Operating Margin**** (%) | 19.9 | 15.7 | -4.1 | N/A | N/A |
| Nonoperating Income/(Expense)# | -260.8 | -84.9 | 175.9 | -67.45 | N/A |
| Pre-Tax Income | 2,337.9 | 1,721.0 | -616.9 | -26.39 | N/A |
| Income Tax Benefit/(Expense) | 1,270.5 | -495.0 | -1,765.5 | -138.96 | N/A |
| Other Income/(Expense) | 0.0 | 0.0 | 0.0 | 0.0 | N/A |
| Net Income | 3,608.4 | 1,226.0 | -2,382.4 | -66.02 | N/A |
| Net Margin## (%) | 27.6 | 10.7 | -16.9 | 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