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Annual Rise in U.S. Airlines July Cargo (13%) Largest Increase in a Decade

U.S. airlines carried almost 13% more cargo by weight in July 2020 (preliminary) than in July 2019, the largest annual increase since 2010. The rise was fueled by a gain of almost 16% in domestic cargo while the 4.5% rise in international cargo was the first annual gain since March 2019, according to data filed with the Bureau of Transportation Statistics (BTS) by 15 of the leading cargo airlines.

 

The 15 airlines carry 97% of the total cargo by weight on U.S. airlines. Cargo data consists of freight and mail carried within the U.S. and between the U.S. and foreign points.

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.