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Table 9. International Quarterly U.S. Scheduled Service Passenger Airlines Financial Reports

Reports from 17 airlines in 4Q 2016, (Millions of dollars)

Dataset Table:

International Operations 4Q 2015 1Q 2016 2Q 2016 3Q 2016 4Q 2016 Dollar Change 4Q2015-4Q2016
Net Income 784 985 1,321 1,226 244 -540
Operating Profit/Loss 1,265 1,312 1,768 1,806 569 -695
Operating Revenue* 10,501 10,425 11,042 11,470 9,482 -1,019
Fares 7,813 7,650 8,812 9,727 7,822 9
Baggage Fees 214 210 225 233 207 -6
Reservation Change Fees 253 268 273 263 222 -31
Operating Expenses 9,236 9,112 9,274 9,665 8,913 -324
Fuel 1,907 1,537 1,804 2,016 1,806 -101
Labor 3,062 3,268 3,446 3,576 3,443 381

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