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Airline Financial Data

Legacy ID
311
Show Effective Date
On
Significant Regulatory Guidance
No
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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.

U.S. Airlines July 2020 Fuel Use Up 37% from June

The Department of Transportation’s Bureau of Transportation Statistics (BTS) today released U.S. airlines’ July Fuel Cost and Consumption numbers.

Fuel consumed by U.S. airlines scheduled service: July 2019  1.7 billion gallons,  June 2020  558 million gallons,  July 2020   763 million gallons

U.S. Airlines May 2020 Fuel Use Up 1.4% from April

 

The Department of Transportation’s Bureau of Transportation Statistics (BTS) today released U.S. airlines’ May Fuel Cost and Consumption numbers.

 

Fuel consumed by U.S. airlines’ scheduled services:

 

May 2019                    1.6 billion gallons

April 2020                     447 million gallons

May 2020                      453 million gallons

First Quarter 2020 U.S. Airline Financial Data

U.S. scheduled passenger airlines reported a first-quarter 2020 after-tax net loss of $5.2 billion and a pre-tax operating loss of $4.6 billion.

 

The first-quarter losses follow 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 first-quarter 2020 (Tables 1-6) financial results.

2019 Annual and 4th Quarter U.S. Airline Financial Data

U.S. scheduled passenger airlines reported a 2019 after-tax net profit of $14.8 billion, the 7th consecutive annual after-tax profit and a pre-tax operating profit of $20.8 billion, the 11th consecutive annual pre-tax profit.

 

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 2019 annual (Tables 1-6) and fourth-quarter (Tables 7-12) financial results.