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Table 8. Domestic Quarterly U.S. Scheduled Service Passenger Airlines Financial Reports, 4Q 2017

Reports from 23 airlines in 4Q 2017, (Millions of dollars)

Dataset Table:

Domestic Operations 4Q 2016 1Q 2017 2Q 2017 3Q 2017 4Q 2017 Dollar Change 4Q2016-4Q2017
Net Income 2,298 1,853 4,058 2,638 4,844 2,547
Operating Profit/Loss 4,061 2,991 6,502 4,726 3,622 -439
Operating Revenue* 32,614 30,395 34,957 33,650 33,664 1,051
Fares 23,299 21,730 25,245 24,117 23,946 647
Baggage Fees 956 818 930 950 918 -38
Reservation Change Fees 499 477 481 465 452 -47
Operating Expenses 28,523 27,404 28,455 28,924 30,042 1,519
Fuel 4,221 4,069 4,320 4,548 4,849 628
Labor 9,747 9,370 9,800 9,726 10,026 279

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