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Table 7. Quarterly U.S. Scheduled Service Passenger Airlines Financial Reports

Reports from 25 airlines in 4Q 2016, (Millions of dollars)

Dataset Table:

4Q 2015 1Q 2016 2Q 2016 3Q 2016 4Q 2016 Dollar Change 4Q2015-4Q2016
Net Income 6,891 3,056 4,649 3,825 2,010 -4,881
Operating Profit/Loss 5,887 5,605 7,873 7,248 4,102 -1,785
Operating Revenue* 40,525 39,151 43,505 44,406 41,103 578
Fares 30,168 29,008 32,462 33,325 30,450 282
Baggage Fees 958 983 1,073 1,101 1,029 71
Reservation Change Fees 715 749 755 731 661 -54
Operating Expenses 34,638 33,547 35,632 37,158 37,001 2,363
Fuel 5,819 4,860 5,566 6,096 5,844 24
Labor 11,555 11,798 12,213 12,748 12,955 1,400

Notes:

* Passenger airline operating revenue includes four other categories.  1) Transport-related is revenue 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 from associated businesses (aircraft maintenance, fuel sales, restaurants, vending machines, etc). 2) Miscellaneous operating revenue includes pet transportation, sale of frequent flyer award miles to airline business partners and standby passenger fees.   3)  Cargo revenue from transporting cargo in belly of aircraft.  4)  Mail revenue from transporting mail in belly of aircraft.  See the P1.2 database http://www.transtats.bts.gov/Fields.asp?Table_ID=295.

Source:

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