Economics, employment, and finance
Legacy ID
1546
Figure 2. Domestic U.S. Scheduled Service Passenger Airlines Quarterly After Tax Net Profit, 3Q 2019
Third Quarter 2019 U.S. Airline Financial Data
U.S. scheduled passenger airlines reported a third-quarter 2019 after-tax net profit of $4.6 billion, the 26th consecutive quarterly after-tax profit, and a pre-tax operating profit of $6.4 billion, the 34th consecutive quarterly pre-tax profit.
U.S. airline financial reports are filed quarterly with the Bureau of Transportation Statistics (BTS). See the tables that accompany this release on the BTS website for additional third-quarter 2019 (Tables 1-6) financial results.
September 2019 U.S. Passenger Airline Employment Data
The 21 U.S. scheduled passenger airlines employed 2.3% more workers in September 2019 than in September 2018:
- September’s 450,517 full-time equivalents (FTEs) was the highest employment total since March 2003 (458,598 FTEs).
- September was the 71st consecutive month that U.S. scheduled passenger airline FTEs exceeded the same month of the previous year.
August 2019 U.S. Passenger Airline Employment Data
The 21 U.S. scheduled passenger airlines employed 2.3% more workers in August 2019 than in August 2018:
August’s 449,550 full-time equivalents (FTEs) was the down from the previous month’s employment total July 2019 (449,907 FTEs) but was the highest FTE total for the month of August since 2002 (472,168 FTEs).
August was the 70th consecutive month that U.S. scheduled passenger airline FTEs exceeded the same month of the previous year.
The 21 U.S. scheduled passenger airlines employed 2.3% more workers in August 2019 than in August 2018:
- August’s 449,550 full-time equivalents (FTEs) was the down from the previous month’s employment total July 2019 (449,907 FTEs) but was the highest FTE total for the month of August since 2002 (472,168 FTEs).
- August was the 70th consecutive month that U.S. scheduled passenger airline FTEs exceeded the same month of the previous year.