Economics, employment, and finance
Legacy ID
1546
U.S. Airlines Show First Profit Since COVID-19 in 2nd Quarter 2021
U.S. scheduled passenger airlines reported a second-quarter 2021 after-tax net profit of $1.0 billion despite a pre-tax operating loss of $3.6 billion. The second-quarter results represent the first quarterly profit since the fourth quarter of 2019, the last quarter before the COVID-19 pandemic...July Airline Industry Employment Ticks Up Nearly 1% from June, Remains 3.7% Below Pre-Pandemic July 2019
U.S. airlines employed 715,312 workers in July 2021, which is 0.8% (5,634) more workers than in June 2021, but 3.7% (27,728) fewer than in pre-pandemic July 2019. The July industry numbers consist of 607,805 full-time and 107,507 part-time workers, an increase from June of 8,755 full-time and a...U.S. Transportation Sector Unemployment Rate Fell to 6.4% in August 2021, Remains Above Pre-Pandemic August 2019’s 4.8%
The unemployment rate in the U.S. transportation sector was 6.4 percent (not seasonally adjusted) in August 2021 according to Bureau of Transportation Statistics (BTS) analysis of data from the Bureau of Labor Statistics. The August 2021 rate was down more than 50% from August 2020’s 13 percent but...North American Freight Data Reveals Growth in Unsung Trade Modes
There has been a lot of attention lately on challenges to the supply chain since the onset of COVID-19, most of it focused on goods flowing into and out of West Coast ports. One aspect of U.S. trade attracting less attention is North American freight flows, which have increased since the pandemic...U.S. Scheduled Passenger Airlines employed 1.3K more employees in June 2021 than in May 2021
BTS 51-21
Contact: Todd Solomon
Tel: 202-366-0573
June Airline Industry Employment Up Less than 1% from May
Contact: BTSNews@dot.gov
U.S. airlines employed 709,678 workers in June 2021, 48 more than in May 2021 (709,630) and 39,349 fewer than in March 2020 (749,027).
The June industry numbers consist of 599,050 full-time and 110,628 part-time workers.
U.S. Airlines June 2021 Fuel Use Up 8.1% from May But Still Down 23.8% from June 2019
Contact: BTSNews@dot.gov
The Department of Transportation’s Bureau of Transportation Statistics (BTS) today released U.S. airlines’ June Fuel Cost and Consumption numbers.
Fuel consumed by U.S. airlines scheduled service: