BTS Statistics Release: 3rd Quarter 2017 Airline Financial Data

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BTS 57-17

Monday, December 11, 2017

BTS Contact: Dave Smallen  

Tel: 202-366-5568

david.smallen@dot.gov

 

BTS Statistics Release: 3rd Quarter 2017 Airline Financial Data

 

 

U.S. scheduled passenger airlines reported an after-tax net profit of $3.7 billion in the third quarter of 2017, down from $4.7 billion in the second quarter and down from $3.8 billion in the third quarter of 2016, the U.S. Department of Transportation's Bureau of Transportation Statistics (BTS) reported today (Table 1).  

 Fig1

 

 

 

The 24 U.S. scheduled service passenger airlines reported an after-tax net profit as a group for the 18th consecutive quarter.

 

In addition to the after-tax net profit of $3.7 billion based on net income reports, the scheduled service passenger airlines reported a $6.3 billion pre-tax operating profit in the third quarter of 2017, down from $7.7 billion in the second quarter and down from $7.2 billion in the third quarter of 2016. The airlines reported a pre-tax operating profit - as a group - for the 26th consecutive quarter (Tables 1, 4).

 

Net profit or loss and operating profit or loss are two different measures of airline financial performance. Net profit or loss includes non-operating income and expenses, nonrecurring items or income taxes. Operating profit or loss is calculated from operating revenues and expenses before taxes and other nonrecurring items.

 

Total operating revenue for all U.S. passenger airlines in the July-September third-quarter of 2017 was $45.6 billion. Airlines collected $34.2 billion from fares, 75.0 percent of total third-quarter operating revenue (Table 4).

 

Total operating expenses for all passenger airlines in the third-quarter of 2017 were $39.3 billion, of which fuel costs accounted for $6.8 billion, or 17.3 percent, and labor costs accounted for $13.6 billion, or 34.6 percent (Table 4).

 

In the third quarter, scheduled passenger airlines collected a total of $1.2 billion in baggage fees, 2.7 percent of total operating revenue, and $720.2 million from reservation change fees, 1.6 percent of total operating revenue. Fees are included for calculations of net income, operating revenue and operating profit or loss (Table 4).

 

Baggage fees and reservation change fees are the only ancillary fees paid by passengers that are reported to BTS as separate items. Other fees, such as revenue from seating assignments and on-board sales of food, beverages, pillows, blankets, and entertainment are combined in different categories and cannot be identified separately.

 

See airline financial data press releases and the airline financial databases  for historical data.

 

Domestic

From domestic operations, U.S. scheduled passenger airlines reported an after-tax net profit of $2.6 billion in the third quarter of 2017, down from $4.1 billion in the second quarter and virtually unchanged from $2.6 billion in the third quarter of 2016 (Table 2). 

 

Fig2 

 

The 24 U.S. scheduled service passenger airlines reported an after-tax net profit from domestic operations as a group for the 18th consecutive quarter.

 

In addition to the domestic after-tax net profit of $2.6 billion based on net income reports, the scheduled service passenger airlines reported a $4.7 billion pre-tax operating profit from domestic operations in the third quarter of 2017, down from $6.5 billion in the second quarter and down from $5.4 billion in the third quarter of 2016. The airlines reported a pre-tax operating profit from domestic operations - as a group - for the 26th consecutive quarter (Table 2).

 

Total operating revenue from domestic operations for all U.S. passenger airlines in the July-September third-quarter of 2017 was $33.6 billion. Airlines collected $24.1 billion from fares, 71.7 percent of total third-quarter operating revenue (Tables 2, 5).

 

Total operating expenses from domestic operations for all passenger airlines in the third-quarter of 2017 were $28.9 billion, of which fuel costs accounted for $4.5 billion, or 15.7 percent, and labor costs accounted for $9.7 billion, or 33.6 percent (Tables 2, 5).

 

In the third quarter, passenger airlines collected from domestic operations a total of $950 million in baggage fees, 2.8 percent of total operating revenue, and $465 million from reservation change fees, 1.4 percent of total operating revenue (Tables 2, 5).

 

International

The 17 U.S. scheduled passenger airlines that operate internationally reported an after-tax net profit of $1.1 billion in the third quarter of 2017 from their international operations, up from $613 million in the second quarter and down from $1.2 billion in the third quarter of 2016 (Table 3).

 

Fig3 

 

The 17 U.S. scheduled service passenger airlines reported an after-tax net profit from international operations as a group for the 11th consecutive quarter.

 

In addition to the international after-tax net profit of $1.1 billion based on net income reports, the scheduled service passenger airlines reported a $1.6 billion pre-tax operating profit in the third quarter of 2017 from their international operations, up from $1.2 billion in the second quarter and down from $1.8 billion in the third quarter of 2016. The airlines reported a pre-tax operating profit from international operations - as a group - for the 22nd consecutive quarter (Table 3).

 

Total operating revenue from international operations for all U.S. passenger airlines in the July-September third-quarter of 2017 was $12.0 billion. Airlines collected $10.1 billion from fares, 84.3 percent of total third-quarter operating revenue (Tables 3, 6).

 

Total operating expenses from international operations for all passenger airlines in the third-quarter of 2017 were $10.4 billion, of which fuel costs accounted for $2.3 billion, or 21.8 percent, and labor costs accounted for $3.9 billion, or 37.3 percent (Tables 3, 6).

 

In the third quarter, passenger airlines collected from international operations a total of $265 million in baggage fees, 2.2 percent of total operating revenue, and $256 million from reservation change fees, 2.1 percent of total operating revenue (Tables 3, 6).

 

 

3rd Quarter Margins for All Scheduled Passenger Airlines

 

All U.S. scheduled passenger airlines reported a combined net income margin of 8.2 percent in the third quarter of 2017, down from a net margin of 8.6 percent in the third quarter of 2016. Net margin is the net income or loss as a percentage of operating revenue. These airlines reported an operating profit margin of 13.9 percent in the third quarter of 2017, down from 16.3 percent in the third quarter of 2016. Operating margin is the operating profit or loss as a percentage of operating revenue (Table 4).

 

Reporting notes

Additional airline financial data can be found on the BTS website, including industry statistics for other individual low-cost and regional airlines. See tables for operating profit/loss, operating revenue and fuel cost and consumption. See the BTS financial databases for more detailed data.

 

By regulation, for the quarter ending Sept. 30, airlines that operate at least one aircraft that has more than 60 seats or the capacity to carry a payload of passengers, cargo and fuel weighing more than 18,000 pounds must report financial data to BTS by Nov. 15. The airline filings are subject to a process of quality assurance and data validations before release to the public.

 

Revised carrier data and late data filings will be made available monthly on TranStats on the Monday following the second Tuesday of the month. All data are subject to revision. BTS will release fourth-quarter 2017 data on May 7. 

 

Table 1. Quarterly U.S. Scheduled Service Passenger Airlines Financial Reports

Reports from 24 airlines in 3Q 2017

(millions of dollars)

 

3Q 2016

4Q 2016

1Q 2017

2Q 2017

3Q 2017

Dollar Change 2Q2016-2Q2017

Net Income

3,825

2,010

1,939

4,671

3,743

-82

Operating Profit/Loss

7,248

4,102

3,267

7,734

6,335

-914

Operating Revenue*

44,406

41,103

39,696

46,190

45,616

1,211

     Fares

33,325

30,450

29,387

34,633

34,200

875

     Baggage Fees

1,101

1,029

1,027

1,177

1,216

115

     Reservation Change Fees

731

661

724

738

720

-11

Operating Expenses

37,158

37,001

36,428

38,455

39,282

2,124

     Fuel

6,096

5,844

5,938

6,450

6,801

705

     Labor

12,748

12,955

12,784

13,616

13,589

841

 

Source: Bureau of Transportation Statistics, Form 41; Schedules P1.2 and P6

* Passenger airline operating revenue includes four other categories. 1) Transport-related is revenue from services which grow from and are incidental to the air transportation services performed by the air carrier. Examples are in-flight onboard sales (food, liquor, pillows, etc), code share revenues, revenues from associated businesses (aircraft maintenance, fuel sales, restaurants, vending machines, etc). 2) Miscellaneous operating revenue includes pet transportation, sale of frequent flyer award miles to airline business partners and standby passenger fees.   3) Cargo revenue from transporting cargo in belly of aircraft. 4) Mail revenue from transporting mail in belly of aircraft. See the P1.2 database http://www.transtats.bts.gov/Fields.asp?Table_ID=295  

 

 

Table 2. Domestic Quarterly U.S. Scheduled Service Passenger Airlines Financial Reports Reports from 24 airlines in 3Q 2017

(millions of dollars)

Domestic Operations

3Q 2016

4Q 2016

1Q 2017

2Q 2017

3Q 2017

Dollar Change 2Q2016-2Q2017

Net Income

2,584

1,766

1,853

4,058

2,638

54

Operating Profit/Loss

5,441

3,533

2,991

6,502

4,726

-715

Operating Revenue*

32,935

31,622

30,395

34,957

33,650

715

     Fares

23,598

22,628

21,730

25,245

24,117

520

     Baggage Fees

868

822

818

930

950

83

     Reservation Change Fees

468

439

477

481

465

-3

Operating Expenses

27,495

28,089

27,404

28,455

28,924

1,429

     Fuel

4,080

4,038

4,069

4,320

4,548

468

     Labor

9,172

9,512

9,370

9,800

9,726

554

 

Source: Bureau of Transportation Statistics, Form 41; Schedules P1.2 and P6

* Passenger airline operating revenue includes four other categories. 1) Transport-related is revenue from services which grow from and are incidental to the air transportation services performed by the air carrier. Examples are in-flight onboard sales (food, liquor, pillows, etc), code share revenues, revenues from associated businesses (aircraft maintenance, fuel sales, restaurants, vending machines, etc). 2) Miscellaneous operating revenue includes pet transportation, sale of frequent flyer award miles to airline business partners and standby passenger fees.   3) Cargo revenue from transporting cargo in belly of aircraft. 4) Mail revenue from transporting mail in belly of aircraft. See the P1.2 database http://www.transtats.bts.gov/Fields.asp?Table_ID=295

 

 

Table 3. International Quarterly U.S. Scheduled Service Passenger Airlines Financial Reports

Reports from 17 airlines in 3Q 2017

(millions of dollars)

International Operations

3Q 2016

4Q 2016

1Q 2017

2Q 2017

3Q 2017

Dollar Change 2Q2016-2Q2017

Net Income

1,225

244

86

613

1,105

-120

Operating Profit/Loss

1,806

569

277

1,233

1,609

-197

Operating Revenue*

11,470

9,482

9,301

11,233

11,967

496

     Fares

9,727

7,822

7,656

9,388

10,083

355

     Baggage Fees

233

207

209

247

265

32

     Reservation Change Fees

263

222

246

257

256

-8

Operating Expenses

9,665

8,913

9,024

10,000

10,358

693

     Fuel

2,016

1,806

1,868

2,130

2,253

237

     Labor

3,576

3,443

3,414

3,816

3,863

287

 

Source: Bureau of Transportation Statistics, Form 41; Schedules P1.2 and P6

* Passenger airline operating revenue includes four other categories. 1) Transport-related is revenue from services which grow from and are incidental to the air transportation services performed by the air carrier. Examples are in-flight onboard sales (food, liquor, pillows, etc), code share revenues, revenues from associated businesses (aircraft maintenance, fuel sales, restaurants, vending machines, etc). 2) Miscellaneous operating revenue includes pet transportation, sale of frequent flyer award miles to airline business partners and standby passenger fees.   3) Cargo revenue from transporting cargo in belly of aircraft.   4) Mail revenue from transporting mail in belly of aircraft. See the P1.2 database http://www.transtats.bts.gov/Fields.asp?Table_ID=295

 

 

Table 4. Quarterly U.S. Scheduled Passenger Airlines Revenue, Expenses and Profits

Reports from 24 airlines in 3Q 2017

(millions of dollars)

 

3Q 2016

3Q 2017

Change

2016-2017 % Change

% of 3Q 2017 Revenue or Expense Total

Operating Revenue

 

 

 

 

 

Passenger Fares (scheduled/charter)

33,325.8

34,200.1

874.3

2.62

74.97

Cargo

664.1

751.5

87.4

13.16

1.65

Baggage

1,100.8

1,215.5

114.7

10.42

2.66

Reservation Changes

730.8

720.2

-10.6

-1.45

1.58

Transport-Related*

7,248.1

7,251.4

3.3

0.05

15.90

Other**

1,336.4

1,477.5

141.1

10.56

3.24

Total Operating Revenue***

44,406.0

45,616.2

1,210.2

2.73

100.00

Operating Expense

 

 

 

 

 

Fuel

6,096.1

6,800.6

704.5

11.56

17.31

Labor

12,748.0

13,589.0

841.0

6.60

34.59

Rentals

2,227.5

2,259.0

31.5

1.41

5.75

Depreciation & Amortization

2,116.6

2,305.8

189.2

8.94

5.87

Landing Fees

778.6

812.0

33.4

4.29

2.07

Maintenance Materials

607.9

596.1

-11.8

-1.94

1.52

Transport-Related*

4,614.7

4,831.2

216.5

4.69

12.30

Other****

7,969.7

8,087.8

118.1

1.48

20.59

Total Operating Expense

37,159.1

39,281.7

2,122.6

5.71

100.00

Profits or Losses

 

 

 

 

 

Operating Profit

7,246.9

6,334.5

-912.4

-12.59

N/A

Operating Margin# (%)

16.3

13.9

-2.4

N/A

N/A

Nonoperating Income/(Expense)##

-1,088.7

-510.8

577.9

-53.08

N/A

Pre-Tax Income

6,158.2

583.7

-5,574.5

-90.52

N/A

Income Tax Benefit/(Expense)

-2,349.2

-2,080.7

268.5

-11.43

N/A

Other Income/(Expense)

0.0

0.0

0.0

0.0

N/A

Net Income

3,809.0

3,743.1

-65.9

-1.73

N/A

Net Margin### (%)

8.6

8.2

-0.4

N/A

N/A

 

Source: Bureau of Transportation Statistics, Form 41; Schedules P1.2 and P6

* Transport-Related is revenue/expenses from services which grow from and are incidental to the air transportation services performed by the air carrier. Examples are in-flight onboard sales (food, liquor, pillows, etc), code share revenues, revenues and expenses from associated businesses (aircraft maintenance, fuel sales, restaurants, vending machines, etc).

** Other revenue includes miscellaneous operating revenue (including pet transportation, sale of frequent flyer award miles to airline business partners and standby passenger fees) and public service revenues subsidy.

*** Based on U.S. Department of Transportation accounting standards, Total Operating Revenues are overstated by code share revenues which are included in both the mainline Transport-Related Revenues and the code share Passenger Revenue. Code share revenues are expensed out in the mainline Transport-Related Expense to allow a true Operating Profit(Loss). This reporting may understate all components of operating revenue, including Passenger Revenue, as a percentage of Total Operating Revenue.

**** Other expense includes purchase of materials such as passenger food and other materials; and purchase of services such as advertising, communication, insurance, outside flight equipment maintenance, traffic commissions and other services.

# Operating margin is the operating profit or loss as a percentage of operating revenue

## Nonoperating Income and Expense includes interest on long-term debt and capital leases, other interest expense, foreign exchange gains and losses, capital gains and losses and other income and expenses.

### Net margin is the net income or loss as a percentage of operating revenue.

 

 

Table 5. Domestic Quarterly U.S. Scheduled Passenger Airlines Revenue, Expenses and Profits

Reports from 24 airlines in 3Q 2017

(millions of dollars)

 

3Q 2016

3Q 2017

Change

2016-2017 % Change

% of 3Q 2017 Revenue or Expense Total

Operating Revenue

 

 

 

 

 

Passenger Fares (scheduled/charter)

23,598.4

24,117.4

519.0

2.20

71.67

Cargo

235.0

251.4

16.4

6.98

0.75

Baggage

867.6

950.1

82.5

9.51

2.82

Reservation Changes

467.6

464.7

-2.9

-0.62

1.38

Transport-Related*

6,703.4

6,693.3

-10.1

-0.15

19.89

Other**

1,063.6

1,172.8

109.2

10.27

3.49

Total Operating Revenue***

32,935.6

33,649.7

714.1

2.17

100.00

Operating Expense

 

 

 

 

 

Fuel

4,080.2

4,547.7

467.5

11.46

15.72

Labor

9,171.9

9,726.0

554.1

6.04

33.63

Rentals

1,717.2

1,711.0

-6.2

-0.36

5.92

Depreciation & Amortization

1,517.4

1,616.2

98.8

6.51

5.59

Landing Fees

588.8

603.2

14.4

2.45

2.09

Maintenance Materials

464.4

456.9

-7.5

-1.61

1.58

Transport-Related*

4,438.6

4,638.7

200.1

4.51

16.04

Other****

5,516.0

5,624.0

108.0

1.96

19.44

Total Operating Expense

27,494.5

28,923.7

1,429.2

5.20

100.00

Profits or Losses

 

 

 

 

 

Operating Profit

5,441.1

4,726.0

-715.1

-13.14

N/A

Operating Margin# (%)

16.5

14.0

-2.5

N/A

N/A

Nonoperating Income/(Expense)##

-1,002.7

-415.7

587.0

-58.54

N/A

Pre-Tax Income

4,438.4

4,310.3

-128.1

-2.89

N/A

Income Tax Benefit/(Expense)

-1,854.2

-1,672.0

182.2

-9.83

N/A

Other Income/(Expense)

0.0

0.0

0.0

0.0

N/A

Net Income

2,584.2

2,638.4

54.2

2.10

N/A

Net Margin### (%)

7.8

7.8

0.0

N/A

N/A

 

Source: Bureau of Transportation Statistics, Form 41; Schedules P1.2 and P6

* Transport-Related is revenue/expenses from services which grow from and are incidental to the air transportation services performed by the air carrier. Examples are in-flight onboard sales (food, liquor, pillows, etc), code share revenues, revenues and expenses from associated businesses (aircraft maintenance, fuel sales, restaurants, vending machines, etc).

** Other revenue includes miscellaneous operating revenue (including pet transportation, sale of frequent flyer award miles to airline business partners and standby passenger fees) and public service revenues subsidy.

*** Based on U.S. Department of Transportation accounting standards, Total Operating Revenues are overstated by code share revenues which are included in both the mainline Transport-Related Revenues and the code share Passenger Revenue. Code share revenues are expensed out in the mainline Transport-Related Expense to allow a true Operating Profit(Loss). This reporting may understate all components of operating revenue, including Passenger Revenue, as a percentage of Total Operating Revenue.

**** Other expense includes purchase of materials such as passenger food and other materials; and purchase of services such as advertising, communication, insurance, outside flight equipment maintenance, traffic commissions and other services.

# Operating margin is the operating profit or loss as a percentage of operating revenue

## Nonoperating Income and Expense includes interest on long-term debt and capital leases, other interest expense, foreign exchange gains and losses, capital gains and losses and other income and expenses.

### Net margin is the net income or loss as a percentage of operating revenue.

 

 

Table 6. International Quarterly U.S. Scheduled Passenger Airlines Revenue, Expenses and Profits

 

Reports from 17 airlines in 3Q 2017

(millions of dollars)

 

3Q 2016

3Q 2017

Change

2016-2017 % Change

% of 3Q 2017 Revenue or Expense Total

Operating Revenue

 

 

 

 

 

Passenger Fares (scheduled/charter)

9,727.4

10,082.7

355.3

3.65

84.26

Cargo

429.1

500.1

71.0

16.55

4.18

Baggage

233.2

265.4

32.2

13.81

2.22

Reservation Changes

263.2

255.5

-7.7

-2.93

2.14

Transport-Related*

544.7

558.1

13.4

2.46

4.66

Other**

272.8

304.7

31.9

11.69

2.55

Total Operating Revenue***

11,470.4

11,966.5

496.1

4.33

100.00

Operating Expense

 

 

 

 

 

Fuel

2,015.9

2,252.9

237.0

11.76

21.75

Labor

3,576.1

3,863.0

286.9

8.02

37.29

Rentals

510.3

548.0

37.7

7.39

5.29

Depreciation & Amortization

599.2

689.6

90.4

15.09

6.66

Landing Fees

189.8

209.0

19.2

10.12

2.02

Maintenance Materials

143.5

139.2

-4.3

-3.00

1.34

Transport-Related*

176.1

192.5

16.4

9.31

1.86

Other****

2,453.7

2,463.8

10.1

0.41

23.79

Total Operating Expense

9,664.6

10,358.0

693.4

7.17

100.00

Profits or Losses

 

 

 

 

 

Operating Profit

1,805.8

1,608.5

-197.3

-10.93

N/A

Operating Margin# (%)

15.7

13.4

-2.3

N/A

N/A

Nonoperating Income/(Expense)##

-86.0

-95.1

-9.1

10.58

N/A

Pre-Tax Income

1,719.8

1,513.4

-206.4

-12.00

N/A

Income Tax Benefit/(Expense)

-495.0

-408.7

86.3

-17.43

N/A

Other Income/(Expense)

0.0

0.0

0.0

0.0

N/A

Net Income

1,224.8

1,104.7

-120.1

-9.81

N/A

Net Margin### (%)

10.7

9.2

-1.4

N/A

N/A

 

Source: Bureau of Transportation Statistics, Form 41; Schedules P1.2 and P6

* Transport-Related is revenue/expenses from services which grow from and are incidental to the air transportation services performed by the air carrier. Examples are in-flight onboard sales (food, liquor, pillows, etc), code share revenues, revenues and expenses from associated businesses (aircraft maintenance, fuel sales, restaurants, vending machines, etc).

** Other revenue includes miscellaneous operating revenue (including pet transportation, sale of frequent flyer award miles to airline business partners and standby passenger fees) and public service revenues subsidy.

*** Based on U.S. Department of Transportation accounting standards, Total Operating Revenues are overstated by code share revenues which are included in both the mainline Transport-Related Revenues and the code share Passenger Revenue. Code share revenues are expensed out in the mainline Transport-Related Expense to allow a true Operating Profit(Loss). This reporting may understate all components of operating revenue, including Passenger Revenue, as a percentage of Total Operating Revenue.

**** Other expense includes purchase of materials such as passenger food and other materials; and purchase of services such as advertising, communication, insurance, outside flight equipment maintenance, traffic commissions and other services.

# Operating margin is the operating profit or loss as a percentage of operating revenue

## Nonoperating Income and Expense includes interest on long-term debt and capital leases, other interest expense, foreign exchange gains and losses, capital gains and losses and other income and expenses.

### Net margin is the net income or loss as a percentage of operating revenue.


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We've partnered with Wash Cycle Laundry to offer once or twice weekly wash & fold service, delivered straight to your residence hall. Sign up and get out of the laundry room!
Each week of the semester, Wash Cycle Laundry will visit your Residence Hall to pick-up your clothes - on a bicycle! Wash Cycle will wash, dry, and fold as much or as little laundry as you have, and deliver back to you the very next day. Once you sign up, we'll share details about your pick-up spot, plus the day and time for service each week.

The response with laundry services was so good previously, we have now partnered with Wash Cycle on dry cleaning! This environmentally-friendly service offers two-day turnaround and is priced per piece. Student Laundry Plan participants can include Dry Cleaning on their laundry day, and all other students can drop off items at Georgetown University Hotel & Conference Center on Campus. Learn more at www.washcyclelaundry.com/student-laundry-georgetown
Save the Date!

The Council of Advisory Boards (CAB) fair will be on January 20th 1:00 PM - 3:00 PM in the Healey Family Student Center. Students can learn more about getting involved on campus as over 200 clubs and organizations will be present.
MLK Evening of Hope and Resistance

Dr. Martin Luther King, Jr. was a master wordsmith. He understood that words have power as time-and-time again, he so eloquently used his voice to shed light on injustices. This year, Georgetown University honors Dr. King's legacy of captivating hearts, and ears through an evening of spoken word, poetry and music highlighting his speech "I've Been to the Mountaintop." We hope that, through this evening of reflection and artistic expression, we can stir imaginations for change and hope for the future. We will also have activities to support low-income youth, and families. Food will be provided.

MLK Evening of Hope and Resistance will take place on Saturday, January 13, 2018 from 6:00 PM - 9:00 PM in the Healey Family Student Center Social Room. Please register to perform at csj.georgetown.edu/mlk. Questions can be submitted to Center for Social Justice's Whitney Maddox at guserviceday@georgetown.edu.
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MEDIA ADVISORY: BTS Releases October Airline Full-Time and Part-Time Employment Data

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Friday, December 8, 2017

Contact: Dave Smallen                      

Tel: 202-366-5568

david.smallen@dot.gov

 

 

MEDIA ADVISORY

 

BTS Releases October Airline Full-Time and Part-Time Employment Data

 

The Department of Transportation's Bureau of Transportation Statistics (BTS) today updated its airline employment web page with October full-time and part-time employment data.

 

Total employment (full-time + part-time) by all U.S. airlines including scheduled passenger, charter and cargo:

 

October 2016                          683,859

September 2017                      699,836 (revised)

October 2017                          700,179 

 

Individual airline numbers are available on the BTS airline employment web page. The web page provides full-time and part-time employment numbers by carrier by month from 1990 through October 2017.

 

Airlines that operate at least one aircraft that has more than 60 seats or the capacity to carry a payload of passengers, cargo and fuel weighing more than 18,000 pounds must report monthly employment statistics.

 

The next web update for full-time and part-time employment is scheduled for Jan. 11. The BTS press release on full-time equivalent employment for scheduled passenger airlines, including historic comparisons and summary tables, will be issued Dec. 15.

 

-END-

 


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