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Economics, employment, and finance

Legacy ID
1546
Subscribe to Economics, employment, and finance

U.S. Airlines Narrow Net Loss in 1st Quarter 2021 from 4th Quarter 2020

U.S. scheduled passenger airlines reported a first-quarter 2021 after-tax net loss of $4.2 billion and a pre-tax operating loss of $12.7 billion. While these first-quarter losses are the fifth consecutive quarterly losses, the extent of the losses is narrowing. The airlines reduced their losses...

April Airline Industry Employment Down 1% from March

U.S. airlines employed 706,504 workers in April 2021, 6,531 fewer than in March 2021 (713,035) and 48,591 fewer than in March 2020 (755,095).  The April industry numbers consist of 592,931 full-time and 113,573 part-time workers. The largest March to April reductions among major airlines were...

U.S. Airlines April 2021 Fuel Use Up 3.7% from March

The Department of Transportation’s Bureau of Transportation Statistics (BTS) today released U.S. airlines’ April Fuel Cost and Consumption numbers.  U.S. airlines used 3.7% more fuel in April 2021 than in March 2021 to reach the highest monthly consumption level since March 2020. In April 2021,...