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 ($Millions) |
ANNUAL PROFIT ($Millions) |
|
As-Reported Net |
Adjusted* Net |
|
1938 |
N/A |
N/A |
N/A |
|
1939 |
N/A |
N/A |
N/A |
|
1940 |
N/A |
N/A |
N/A |
|
1941 |
135.3 |
N/A |
N/A |
|
1942 |
149.1 |
N/A |
N/A |
|
1943 |
155.9 |
N/A |
N/A |
|
1944 |
199.8 |
N/A |
N/A |
|
1945 |
283.9 |
N/A |
N/A |
|
1946 |
460.6 |
N/A |
N/A |
|
1947 |
573.8 |
(21.4) |
(21.4) |
|
1948 |
697.9 |
13.2 |
13.2 |
|
1949 |
771.3 |
25.7 |
25.7 |
|
1950 |
839.9 |
42.7 |
42.7 |
|
1951 |
1,024 |
55.0 |
55.0 |
|
1952 |
1,169 |
59.5 |
59.5 |
|
1953 |
1,317 |
62.8 |
62.8 |
|
1954 |
1,441 |
67.8 |
67.8 |
|
1955 |
1,635 |
76.5 |
76.5 |
|
1956 |
1,877 |
79.7 |
79.7 |
|
1957 |
2,128 |
44.4 |
44.4 |
|
1958 |
2,236 |
50.4 |
50.4 |
|
1959 |
2,611 |
72.7 |
72.7 |
|
1960 |
2,885 |
9.1 |
9.1 |
|
1961 |
3,064 |
(37.8) |
(37.8) |
|
1962 |
3,439 |
52.3 |
52.3 |
|
1963 |
3,759 |
78.5 |
78.5 |
|
1964 |
4,251 |
223 |
223 |
|
1965 |
4,958 |
367 |
367 |
|
1966 |
5,745 |
428 |
428 |
|
1967 |
6,865 |
415 |
415 |
|
1968 |
7,753 |
210 |
210 |
|
1969 |
8,791 |
52.8 |
52.8 |
|
1970 |
9,290 |
(201) |
(201) |
|
1971 |
10,046 |
28.0 |
28.0 |
|
1972 |
11,163 |
215 |
215 |
|
1973 |
12,419 |
227 |
227 |
|
1974 |
14,699 |
322 |
322 |
|
1975 |
15,356 |
(84.2) |
(84.2) |
|
1976 |
17,501 |
563 |
563 |
|
1977 |
19,925 |
753 |
753 |
|
1978 |
22,884 |
1,197 |
1,197 |
|
1979 |
27,227 |
347 |
347 |
|
1980 |
33,728 |
17.4 |
17.4 |
|
1981 |
36,663 |
(301) |
(301) |
|
1982 |
36,408 |
(916) |
(916) |
|
1983 |
38,954 |
(188) |
(188) |
|
1984 |
43,825 |
825 |
825 |
|
1985 |
46,664 |
863 |
863 |
|
1986 |
50,525 |
(235) |
(235) |
|
1987 |
56,986 |
593 |
593 |
|
1988 |
63,749 |
1,686 |
1,686 |
|
1989 |
69,316 |
128 |
128 |
|
1990 |
75,788 |
(3,923) |
(3,923) |
|
1991 |
75,370 |
(1,925) |
(1,925) |
|
1992 |
78,832 |
(4,772) |
(4,772) |
|
1993 |
84,764 |
272 |
(2,136) |
|
1994 |
88,313 |
(344) |
(344) |
|
1995 |
94,318 |
2,340 |
2,340 |
|
1996 |
101,937 |
2,804 |
2,804 |
|
1997 |
109,568 |
5,168 |
5,168 |
|
1998 |
113,105 |
4,911 |
4,911 |
|
1999 |
118,892 |
5,361 |
5,361 |
|
2000 |
130,248 |
2,533 |
2,533 |
|
2001 |
115,227 |
(8,267) |
(8,267) |
|
2002 |
107,125 |
(11,365) |
(11,365) |
|
2003 |
117,768 |
(1,715) |
(2,371) |
|
2004 |
134,660 |
(9,104) |
(7,643) |
|
2005 |
151,544 |
(27,220) |
(5,782) |
|
2006 |
165,532 |
18,186 |
3,123 |
|
2007 |
174,696 |
7,691 |
4,998 |
|
2008 |
185,979 |
(23,562) |
(9,464) |
* Excludes selected one-time charges and gains (e.g., fresh-start accounting, goodwill impairment).
Last Modified: 7/12/2009