Economics, employment, and finance
Legacy ID
1546
Mid-December Airline Industry Employment Up 16,000 Employees from Mid-November
U.S. airlines employed 694,638 workers in the middle of December 2020, 16,351 more than in mid-November 2020 (678,287) but 60,389 fewer than in March 2020. The December total was the highest since September (702,068) before the expiration of the CARES Act which prohibited layoffs by airlines...U.S. Airlines December 2020 Fuel Use Up 9% from November
U.S. airlines’ December 2020 fuel consumption was 8.7% higher than November 2020, and more than double April 2020. April was the lowest monthly fuel usage on record (447M gallons), dating back to 2000. December 2020 fuel consumption was down 63% from December 2019.Third Quarter 2020 Air Fare Drops to New Low as Passenger Numbers Decline
Release Number: BTS 07-21
The average U.S. domestic air fare declined in the third quarter of 2020 to $245, the lowest inflation-adjusted average quarterly air fare in Bureau of Transportation Statistics (BTS) records dating back to 1995. The previous low was $262 in the second quarter of 2020.
Adjusted for inflation (constant 2020 dollars) the average 3Q 2020 air fare was:
Mid-November 2020 U.S. Passenger Airline Employment Down More Than 1,400 FTEs from Mid-October
Release Number: BTS 04-21
The 20 U.S. scheduled passenger airlines employed 0.4% fewer full-time equivalents (FTEs) in mid-November 2020 than in mid-October 2020: