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Economics, employment, and finance

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U.S. Airlines May 2021 Fuel Use Up 9.4% from April

The Department of Transportation’s Bureau of Transportation Statistics (BTS) today released U.S. airlines’ May Fuel Cost and Consumption numbers. U.S. airlines used 9.4% more fuel in May 2021 than in April 2021 to reach the highest monthly consumption level since March 2020. The cost per gallon...

U.S. Passenger Airline Employment Down in April 2021 from March

The 23 U.S. scheduled passenger airlines employed 0.9% fewer full-time equivalents (FTEs) in April 2021 than in March 2021: April’s total number of FTEs (391,501) was down 3,562 from March (395,063) and down 70,096, a 15.2% drop from the onset of the pandemic in March 2020 (461,597). April 2021...