Aviation and Drones
Legacy ID
11
Figure 2. Domestic U.S. Scheduled Service Passenger Airlines Quarterly After Tax Net Profit, 2Q 2020
U.S. Airlines Report Second Quarter 2020 Losses
U.S. scheduled passenger airlines reported a second-quarter 2020 after-tax net loss of $11.0 billion and a pre-tax operating loss of $16.2 billion.
These second-quarter losses are the second consecutive quarterly losses following 27 consecutive quarterly after-tax net profits and 35 consecutive quarterly pre-tax operating profits.
U.S. airline financial reports are filed quarterly with the Bureau of Transportation Statistics (BTS). See the tables that accompany this release on the BTS website for additional second-quarter 2020 (Tables 1-6) financial results.
June 2020 U.S. Airline Traffic Data
U.S. airlines carried 16.5 million systemwide (domestic and international) scheduled service passengers in June 2020, unadjusted, according to the Bureau of Transportation Statistics’ (BTS), down 80.3% from June 2019.
Mid-July Airline Employment Up 7,000 from Mid-June
U.S. airlines employed 706,824 workers in the middle of July 2020, 7,101 more than in mid-June 2020 and 46,461 fewer than in March 2020. The July 2020 numbers consist of 597,982 full-time and 108,842 part-time workers.
U.S. Airline July 2020 Passengers Decrease 73% from July 2019 but Rise 30% from June 2020 (Preliminary)
U.S. airlines carried 73% fewer scheduled service passengers in July 2020 than in July 2019, according to preliminary data filed with the Bureau of Transportation Statistics (BTS) by 18 airlines that carry more than 90% of the passengers. Despite the large annual drop from pre-pandemic numbers a year earlier (see graphic), when compared to the previous month U.S. airlines carried 30% more passengers in July 2020 than in June 2020.