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Economics, employment, and finance

Legacy ID
1546

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...

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...