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 |
465,160 |
450,200 |
14,960 |
3.2 |
4,990 |
1.1 |
| 2007 |
507,870 |
488,220 |
19,650 |
3.9 |
14,530 |
2.9 |
Note: 2005 and 2006 net results exclude reorganization expense provisions or gains recorded by some U.S. carriers.
Last Modified: 6/10/2009