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Commercial aviation

Legacy ID
6616

2018 Annual and 4th Quarter U.S. Airline Financial Data

U.S. scheduled passenger airlines reported a 2018 after-tax net profit of $11.8 billion, the sixth consecutive annual after tax profit, and a pre-tax operating profit of $17.6 billion, the 10th consecutive annual pre-tax profit.

Annual and Fourth-Quarter 2018 Air Fare Data

The 2018 average domestic itinerary air fare of $350 was the lowest inflation-adjusted annual fare since the Bureau of Transportation Statistics began collecting such records in 1995, down 1.8 percent from the previous low of $356 in 2017.

February 2019 U.S. Passenger Airline Employment Data

The 21 U.S. scheduled passenger airlines employed 2.5% more workers in February 2019 than in February 2018:

  • February’s 443,058 full-time equivalents (FTE) was the highest February employment total since February 2003 (460,852 FTEs).  
  • February was the 64th consecutive month that U.S. scheduled passenger airline FTEs exceeded the same month of the previous year.