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Table 8. Domestic Quarterly U.S. Scheduled Service Passenger Airlines Financial Reports

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

Dataset Table:

Domestic Operations 4Q 2015 1Q 2016 2Q 2016 3Q 2016 4Q 2016 Dollar Change 4Q2015-4Q2016
Net Income 6,107 2,072 3,328 2,599 1,766 -4,341
Operating Profit/Loss 4,622 4,292 6,105 5,442 3,533 -1,089
Operating Revenue* 30,024 28,727 32,463 32,935 31,622 1,597
Fares 22,356 21,359 23,650 23,598 22,628 272
Baggage Fees 744 773 848 868 822 78
Reservation Change Fees 462 481 483 468 439 -23
Operating Expenses 25,402 24,434 26,358 27,493 28,089 2,686
Fuel 3,913 3,323 3,762 4,080 4,038 125
Labor 8,493 8,530 8,767 9,172 9,512 1,019

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