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Table 9. International Quarterly U.S. Scheduled Service Passenger Airlines Financial Reports, 4Q 2017

Reports from 18 airlines in 4Q 2017, (Millions of dollars)

Dataset Table:

International Operations 4Q 2016 1Q 2017 2Q 2017 3Q 2017 4Q 2017 Dollar Change 4Q2016-4Q2017
Net Income 254 86 613 1,105 297 44
Operating Profit/Loss 581 277 1,233 1,609 482 -99
Operating Revenue* 9,482 9,301 11,233 11,967 10,175 693
Fares 7,822 7,656 9,388 10,083 8,328 506
Baggage Fees 207 209 247 265 239 32
Reservation Change Fees 222 246 257 256 223 1
Operating Expenses 8,901 9,024 10,000 10,358 9,693 792
Fuel 1,806 1,868 2,130 2,253 2,205 399
Labor 3,443 3,414 3,816 3,863 3,538 95

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