Annual Earnings: U.S. Passenger and Cargo Airlines
The data below reflects the activity of U.S. passenger and cargo airlines as defined by the U.S. Department of Transportation under Chapter 411 of Title 49 of the U.S. Code.
|
YEAR |
Operating
Revenues ($000) |
ANNUAL PROFIT ($000) |
|
Operating |
As-Reported Net |
Adjusted* Net |
|
1938 |
N/A |
(168) |
N/A |
N/A |
|
1939 |
N/A |
6,008 |
N/A |
N/A |
|
1940 |
N/A |
7,224 |
N/A |
N/A |
|
1941 |
135,301 |
10,073 |
N/A |
N/A |
|
1942 |
149,119 |
32,191 |
N/A |
N/A |
|
1943 |
155,944 |
28,191 |
N/A |
N/A |
|
1944 |
199,811 |
36,022 |
N/A |
N/A |
|
1945 |
283,854 |
34,047 |
N/A |
N/A |
|
1946 |
460,578 |
1,898 |
N/A |
N/A |
|
1947 |
573,849 |
(21,642) |
(21,400) |
(21,400) |
|
1948 |
697,879 |
16,886 |
13,199 |
13,199 |
|
1949 |
771,262 |
43,565 |
25,734 |
25,734 |
|
1950 |
839,920 |
75,986 |
42,678 |
42,678 |
|
1951 |
1,024,045 |
127,624 |
55,009 |
55,009 |
|
1952 |
1,169,268 |
105,167 |
59,537 |
59,537 |
|
1953 |
1,317,398 |
106,336 |
62,811 |
62,811 |
|
1954 |
1,440,977 |
124,375 |
67,761 |
67,761 |
|
1955 |
1,634,930 |
142,624 |
76,457 |
76,457 |
|
1956 |
1,876,561 |
134,890 |
79,662 |
79,662 |
|
1957 |
2,128,386 |
65,005 |
44,430 |
44,430 |
|
1958 |
2,236,199 |
107,512 |
50,396 |
50,396 |
|
1959 |
2,610,956 |
122,349 |
72,681 |
72,681 |
|
1960 |
2,884,779 |
77,591 |
9,140 |
9,140 |
|
1961 |
3,063,577 |
20,059 |
(37,874) |
(37,874) |
|
1962 |
3,438,731 |
189,999 |
52,319 |
52,319 |
|
1963 |
3,759,051 |
279,787 |
78,480 |
78,480 |
|
1964 |
4,250,838 |
470,097 |
223,172 |
223,172 |
|
1965 |
4,957,851 |
671,928 |
367,119 |
367,119 |
|
1966 |
5,745,038 |
775,497 |
427,633 |
427,633 |
|
1967 |
6,864,726 |
708,194 |
415,388 |
415,388 |
|
1968 |
7,753,211 |
504,888 |
209,952 |
209,952 |
|
1969 |
8,790,951 |
391,931 |
52,752 |
52,752 |
|
1970 |
9,289,658 |
43,031 |
(200,503) |
(200,503) |
|
1971 |
10,045,577 |
328,475 |
28,007 |
28,007 |
|
1972 |
11,163,271 |
584,470 |
214,851 |
214,851 |
|
1973 |
12,418,777 |
585,266 |
226,693 |
226,693 |
|
1974 |
14,699,125 |
725,740 |
321,641 |
321,641 |
|
1975 |
15,355,921 |
127,879 |
(84,204) |
(84,204) |
|
1976 |
17,501,215 |
721,933 |
563,354 |
563,354 |
|
1977 |
19,924,800 |
908,040 |
752,536 |
752,536 |
|
1978 |
22,883,955 |
1,364,863 |
1,196,537 |
1,196,537 |
|
1979 |
27,226,665 |
199,055 |
346,845 |
346,845 |
|
1980 |
33,727,806 |
(221,615) |
17,414 |
17,414 |
|
1981 |
36,662,555 |
(454,770) |
(300,826) |
(300,826) |
|
1982 |
36,407,635 |
(733,435) |
(915,814) |
(915,814) |
|
1983 |
38,953,672 |
310,410 |
(188,051) |
(188,051) |
|
1984 |
43,825,047 |
2,151,511 |
824,668 |
824,668 |
|
1985 |
46,664,414 |
1,426,264 |
862,715 |
862,715 |
|
1986 |
50,524,933 |
1,323,101 |
(234,909) |
(234,909) |
|
1987 |
56,985,709 |
2,468,889 |
593,398 |
593,398 |
|
1988 |
63,748,886 |
3,436,503 |
1,685,599 |
1,685,599 |
|
1989 |
69,315,854 |
1,811,267 |
127,902 |
127,902 |
|
1990 |
76,141,739 |
(1,912,335) |
(3,921,002) |
(3,921,002) |
|
1991 |
75,234,234 |
(1,784,741) |
(1,940,157) |
(1,940,157) |
|
1992 |
78,357,040 |
(2,444,460) |
(4,791,284) |
(4,791,284) |
|
1993 |
85,298,379 |
1,438,172 |
(2,135,626) |
(2,135,626) |
|
1994 |
89,036,582 |
2,713,455 |
(344,115) |
(344,115) |
|
1995 |
95,117,473 |
5,859,518 |
2,313,591 |
2,313,591 |
|
1996 |
102,443,738 |
6,209,069 |
2,727,064 |
2,727,064 |
|
1997 |
109,917,304 |
8,586,794 |
5,118,530 |
5,118,530 |
|
1998 |
113,810,206 |
9,327,810 |
4,888,611 |
4,847,478 |
|
1999 |
119,455,126 |
8,403,305 |
5,354,136 |
5,277,090 |
|
2000 |
130,838,619 |
6,998,931 |
2,618,020 |
2,486,298 |
|
2001 |
115,526,896 |
(10,325,852) |
(8,253,855) |
(8,274,866) |
|
2002 |
106,985,463 |
(8,566,412) |
(11,366,077) |
(11,008,415) |
|
2003 |
117,920,230 |
(2,108,254) |
(1,699,784) |
(2,371,109) |
|
2004 |
134,462,000 |
(1,491,089) |
(9,060,806) |
(7,643,174) |
|
2005 |
151,254,677 |
426,715 |
(27,216,762) |
(5,782,010) |
|
2006 |
164,615,016 |
7,509,100 |
18,183,368 |
3,123,272 |
|
2007 |
172,989,120 |
9,253,846 |
7,691,404 |
4,997,891 |
|
2008 |
185,796,549 |
(3,657,649) |
(23,562,490) |
(9,463,559) |
* Excludes selected one-time charges and gains (e.g., fresh-start accounting, goodwill impairment).
Last Modified: 6/28/2009