U.S. Airlines Cargo, October 2020 (preliminary)

U.S. Airlines Passengers, October 2020 (preliminary)

Airline Financials 3Q 2020 Tables

Figure 3. International U.S. Scheduled Service Passenger Airlines Quarterly After Tax Net Profit, 3Q2020

Figure 2. Domestic U.S. Scheduled Service Passenger Airlines Quarterly After Tax Net Profit, 3Q2020

Figure 1. Systemwide U.S. Scheduled Service Passenger Airlines Quarterly After Tax Net Profit, 3Q2020

U.S. Airlines Report Third Quarter 2020 Losses

U.S. scheduled passenger airlines reported a third-quarter 2020 after-tax net loss of $11.8 billion and a pre-tax operating loss of $15.9 billion.

These third-quarter losses are the third consecutive quarterly losses following 27 consecutive quarterly after-tax net profits and 35 consecutive quarterly pre-tax operating profits. One year earlier, in the third quarter of 2019, the airlines reported an after-tax net profit of $4.6 billion and a pre-tax operating profit of $6.4 billion.

October 2020 Airline Industry Employment

Mid-October Airline Employment Down 29,000 from Mid-September

U.S. airlines employed 673,278 workers in the middle of October 2020, 28,790 fewer than in mid-September 2020 and 81,749 fewer than in March 2020. The October numbers consist of 562,570 full-time and 110,708 part-time workers.

U.S. Airlines October 2020 Fuel Use Up 11% from September

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