Annual Earnings: World Airlines
The data below reflects the systemwide activity of scheduled passenger and cargo airlines operating worldwide, as recorded by ICAO. Domestic operations within the former USSR are excluded prior to 1998.
| YEAR |
Revenues
($-mils) |
Expenses
($-mils) |
Operating Results |
Net Results |
Profit
($-mils) |
Margin
(%) |
Profit
($-mils) |
Margin
(%) |
| 1947 |
1,050 |
1,170 |
(120) |
(11.4) |
(135) |
(12.9) |
| 1948 |
1,348 |
1,397 |
(49) |
(3.6) |
(74) |
(5.5) |
| 1949 |
1,397 |
1,406 |
(9) |
(0.6) |
(42) |
(3.0) |
| 1950 |
1,543 |
1,502 |
41 |
2.7 |
(10) |
(0.6) |
| 1951 |
1,804 |
1,780 |
24 |
1.3 |
(21) |
(1.2) |
| 1952 |
2,050 |
2,063 |
(13) |
(0.6) |
(45) |
(2.2) |
| 1953 |
2,314 |
2,317 |
(3) |
(0.1) |
(52) |
(2.2) |
| 1954 |
2,560 |
2,528 |
32 |
1.3 |
(33) |
(1.3) |
| 1955 |
3,025 |
2,947 |
78 |
2.6 |
(11) |
(0.4) |
| 1956 |
3,510 |
3,426 |
84 |
2.4 |
15 |
0.4 |
| 1957 |
3,971 |
4,012 |
(41) |
(1.0) |
(66) |
(1.7) |
| 1958 |
4,122 |
4,107 |
15 |
0.4 |
(46) |
(1.1) |
| 1959 |
4,805 |
4,700 |
105 |
2.2 |
(25) |
(0.5) |
| 1960 |
5,370 |
5,338 |
32 |
0.6 |
(97) |
(1.8) |
| 1961 |
5,795 |
5,913 |
(118) |
(2.0) |
(133) |
(2.3) |
| 1962 |
6,570 |
6,473 |
97 |
1.5 |
(27) |
(0.4) |
| 1963 |
7,153 |
6,824 |
329 |
4.6 |
106 |
1.5 |
| 1964 |
8,119 |
7,500 |
619 |
7.6 |
366 |
4.5 |
| 1965 |
9,347 |
8,460 |
887 |
9.5 |
534 |
5.7 |
| 1966 |
10,844 |
9,819 |
1,025 |
9.5 |
661 |
6.1 |
| 1967 |
12,488 |
11,575 |
913 |
7.3 |
609 |
4.9 |
| 1968 |
14,282 |
13,548 |
734 |
5.1 |
446 |
3.1 |
| 1969 |
16,431 |
15,557 |
874 |
5.3 |
409 |
2.5 |
| 1970 |
17,817 |
17,367 |
450 |
2.5 |
(10) |
(0.1) |
| 1971 |
20,116 |
19,507 |
609 |
3.0 |
138 |
0.7 |
| 1972 |
23,030 |
22,224 |
806 |
3.5 |
234 |
1.0 |
| 1973 |
27,438 |
26,243 |
1,195 |
4.4 |
434 |
1.6 |
| 1974 |
33,079 |
32,287 |
792 |
2.4 |
41 |
0.1 |
| 1975 |
38,309 |
37,579 |
730 |
1.9 |
(67) |
(0.2) |
| 1976 |
43,400 |
41,244 |
2,156 |
5.0 |
825 |
1.9 |
| 1977 |
50,344 |
47,715 |
2,629 |
5.2 |
1,656 |
3.3 |
| 1978 |
58,769 |
55,669 |
3,100 |
5.3 |
2,412 |
4.1 |
| 1979 |
70,755 |
70,019 |
736 |
1.0 |
588 |
0.8 |
| 1980 |
87,676 |
88,311 |
(635) |
(0.7) |
(919) |
(1.0) |
| 1981 |
92,992 |
93,684 |
(692) |
(0.7) |
(1,150) |
(1.2) |
| 1982 |
93,240 |
93,400 |
(160) |
(0.2) |
(1,300) |
(1.4) |
| 1983 |
98,300 |
96,200 |
2,100 |
2.1 |
(700) |
(0.7) |
| 1984 |
105,400 |
100,300 |
5,100 |
4.8 |
2,000 |
1.9 |
| 1985 |
112,200 |
108,100 |
4,100 |
3.7 |
2,100 |
1.9 |
| 1986 |
124,600 |
120,000 |
4,600 |
3.7 |
1,500 |
1.2 |
| 1987 |
147,000 |
139,800 |
7,200 |
4.9 |
2,500 |
1.7 |
| 1988 |
166,200 |
156,000 |
10,200 |
6.1 |
5,000 |
3.0 |
| 1989 |
177,800 |
170,200 |
7,600 |
4.3 |
3,500 |
2.0 |
| 1990 |
199,500 |
201,000 |
(1,500) |
(0.8) |
(4,500) |
(2.3) |
| 1991 |
205,500 |
206,000 |
(500) |
(0.2) |
(3,500) |
(1.7) |
| 1992 |
217,800 |
219,600 |
(1,800) |
(0.8) |
(7,900) |
(3.6) |
| 1993 |
226,000 |
223,700 |
2,300 |
1.0 |
(4,400) |
(1.9) |
| 1994 |
244,700 |
237,000 |
7,700 |
3.1 |
(200) |
(0.1) |
| 1995 |
267,000 |
253,500 |
13,500 |
5.1 |
4,500 |
1.7 |
| 1996 |
282,500 |
270,200 |
12,300 |
4.4 |
5,300 |
1.9 |
| 1997 |
291,000 |
274,700 |
16,300 |
5.6 |
8,550 |
2.9 |
| 1998 |
295,500 |
279,600 |
15,900 |
5.4 |
8,200 |
2.8 |
| 1999 |
305,500 |
293,200 |
12,300 |
4.0 |
8,500 |
2.8 |
| 2000 |
328,500 |
317,800 |
10,700 |
3.3 |
3,700 |
1.1 |
| 2001 |
307,500 |
319,300 |
(11,800) |
(3.8) |
(13,000) |
(4.2) |
| 2002 |
306,000 |
310,900 |
(4,900) |
(1.6) |
(11,300) |
(3.7) |
| 2003 |
321,800 |
323,300 |
(1,500) |
(0.5) |
(7,560) |
(2.3) |
| 2004 |
378,800 |
375,500 |
3,300 |
0.9 |
(5,570) |
(1.5) |
| 2005 |
413,300 |
409,000 |
4,300 |
1.0 |
(4,100) |
(1.0) |
| 2006 |
452,400 |
439,500 |
12,900 |
2.9 |
2,900 |
0.6 |
| 2007 |
DATA EXPECTED FROM ICAO JULY 2008 |
Note: 2005 and 2006 net results exclude reorganization expense provisions or gains recorded by some U.S. carriers.
Last Modified: 7/25/2008