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From January to June 2022, the price of regular motor gasoline rose 49% and the price of diesel fuel rose slightly more at 55%. Fuel prices have risen since declining in early 2020 during the economic recession and the period when many states adopted stay-at-home orders in response to COVID-19 (...
U.S. airline industry (passenger and cargo airlines combined) employment increased to 767,263 workers in June 2022, 6,775 (0.89%) more workers than in May 2022 (760,488) and 23,893 (3.21%) more than in pre-pandemic June 2019 (743,370).
The average U.S. domestic air fare decreased in the first quarter of 2022 to $328, down 1.8% from the fourth quarter 2021 inflation-adjusted fare of $335. Adjusted for inflation (constant 2022 dollars), the average 1Q 2022 air fare was down 11.1% from $370 in the same quarter of 2020 and down 16.6...
The unemployment rate in the U.S. transportation sector was 4.1% (not seasonally adjusted) in June 2022 according to Bureau of Labor Statistics (BLS) data recently updated on the Bureau of Transportation Statistics (BTS) Unemployment in Transportation dashboard.
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 (Tables 1-6) financial results.