Economics, employment, and finance

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U.S. Cargo and Passenger Airlines Added 2,544 Jobs in March 2023; Employment Remains 8.2% Above Pre-Pandemic March 2019

U.S. airline industry (passenger and cargo airlines combined) employment increased to 793,779 workers in March 2023, 2,544 (0.32%) more workers than in February 2023 (791,235) and 59,895 (8.16%) more than in pre-pandemic March 2019 (733,884).

U.S. Transportation Sector Unemployment Rate of 3.8% in April 2023 Was Above the April 2022 Level of 3.6% And Was Just Above the Pre-Pandemic April Level of 3.7% in 2019

The unemployment rate in the U.S. transportation sector was 3.8% (not seasonally adjusted) in April 2023 according to Bureau of Labor Statistics (BLS) data recently updated on the Bureau of Transportation Statistics (BTS) Unemployment in Transportation dashboard. The April 2023 rate was above the...

U.S. Airlines’ March 2023 Fuel Cost per Gallon Down 9.6% from February 2023; Aviation Fuel Consumption Up 1.3% from Pre-Pandemic March 2019

The Department of Transportation’s Bureau of Transportation Statistics (BTS) today released U.S. airlines’ March 2023 fuel cost and consumption numbers indicating U.S. scheduled service airlines used 1.545 billion gallons of fuel, 18.2% more fuel than in February 2023 (1.307 billion gallons) and 1....

2022 Annual and 4th Quarter U.S. Airline Financial Data

U.S. scheduled passenger airlines reported a 2022 after-tax net profit of $1.6 billion, gaining after two consecutive annual after-tax losses and a pre-tax operating profit of $7.9 billion, gaining after two consecutive annual pre-tax losses.

4Q 2022 Air Fare Tables

2022 Annual Average Domestic Air Fares Increases from 2021

BTS 19-23

Passenger Airline Employment Tables February 2023

U.S. Cargo and Passenger Airlines Added 2,687 Jobs in February 2023; Employment Remains 8.2% Above Pre-Pandemic February 2019

U.S. airline industry (passenger and cargo airlines combined) employment increased to 790,657 workers in February 2023, 2,687 (0.34%) more workers than in January 2023 (787,970) and 59,661 (8.16%) more than in pre-pandemic February 2019 (730,996).

U.S. Transportation Sector Unemployment Rate of 5.0% in March 2023 Was Below the March 2022 Level of 5.1% And Was Below the March 2020 Level of 5.4%

The unemployment rate in the U.S. transportation sector was 5.0% (not seasonally adjusted) in March 2023 according to Bureau of Labor Statistics (BLS) data recently updated on the Bureau of Transportation Statistics (BTS) Unemployment in Transportation dashboard. The March 2023 rate fell 0.1...

U.S. Airlines’ February 2023 Fuel Cost per Gallon Down 1.7% from January 2022; Aviation Fuel Consumption Up 1.3% from Pre-Pandemic February 2019

The Department of Transportation’s Bureau of Transportation Statistics (BTS) today released U.S. airlines’ February 2023 fuel cost and consumption numbers indicating U.S. scheduled service airlines used 1.307 billion gallons of fuel, 7.5% less fuel than in January 2023 (1.413 billion gallons) and 1...

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Economics, employment, and finance