Fourth-Quarter
2008 System Airline Financial Data: Network Airlines Report Fifth Consecutive
Quarterly Loss Margin
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Contact |
BTS 22-09
Dave Smallen
202-366-5568 |
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Monday, May 11, 2009 - The seven largest network airlines, as
a group, reported an operating loss margin of 6.7 percent in the fourth quarter of 2008, the fifth consecutive quarterly loss margin since the group reported a
profit margin in the third quarter of 2007, the Bureau of Transportation
Statistics (BTS) of the U.S. Department of Transportation reported today in a
release of preliminary data.
BTS,
a part of the Research and Innovative Technology Administration, reported that six
of the seven reporting network airlines, most of the industry’s largest
carriers, reported an operating loss margin in the October-to-December period (Table 2). Only Alaska Airlines reported an
operating profit.
The
low-cost and regional airlines groups both reported operating profit margins
for the fourth quarter. Only low-cost
Virgin America and regional ExpressJet Airlines reported loss margins. Virgin
America with fourth quarter revenue exceeding $100 million is included in this
release for the first time this quarter.
Operating
margin measures profit or loss as a percentage of the airline’s total operating
revenue. For historic airline financial data, see Airline
Financial Data Press Releases on the BTS website.
The seven network airlines spent 30.2
percent of their operating expenses in the fourth quarter of 2008 on fuel,
compared to 13.5 percent five years earlier in the fourth quarter of 2003
(Table 6). For airline fuel expenses, see Tables 5-8. For additional detail on
airline fuel cost and consumption, see the BTS Airline
Fuel Cost and Consumption web page.
The
total industry collected $498.6 million in excess baggage fees in the fourth
quarter of 2008, up 42 percent from the $350.1 million collected in the third
quarter and up 301 percent from the $124.2 million collected in the fourth
quarter of 2007. Passenger revenue for the 21 airlines in this press release
declined $4.2 billion from the third quarter to
fourth quarter in 2008. For individual carrier reports, go to Excess Passenger Baggage at BTS Schedule P-12
Operating
Margins
The
seven network carriers posted a loss margin of -6.7 percent in the fourth quarter
with a combined operating loss of $1.684 billion (Table 2). In the fourth quarter
of 2007, the seven network carriers reported an operating loss margin of -1.1
percent with a combined loss of $274 million.
The
top three operating profit margins were reported by low-cost carriers Allegiant,
Spirit and AirTran Airlines (Table 3). Low-cost carrier Virgin America and network
carriers Northwest Airlines and United Airlines
reported the largest operating loss margins (Table 2, 3).
Network carriers operate a
significant portion of their flights using at least one hub where connections
are made for flights on a spoke system. Low-cost carriers are those that the
industry recognizes as operating under a low-cost business model, with lower
infrastructure and aircraft operating costs. Regional carriers provide service from small
cities, using primarily regional jets to support the network carriers’ hub and
spoke systems. The selected groups consist of those airlines in each group with
the highest reported operating revenue in the most recent 12-month period.
Fuel Expenses
The seven reporting network
carriers spent 4.89 cents per available seat-mile (ASM) for fuel in the fourth quarter
of 2008, down from 6.20 cents per ASM in the third quarter (Table 5).
Network airlines Northwest and
United and regional carrier American Eagle
Airlines spent the most for fuel per ASM while regional carriers ExpressJet and SkyWest Airlines and low-cost carrier Virgin
America spent the least (Tables 6, 7 and 8).
Low-cost airlines Allegiant Air and
JetBlue Airways and network airline Northwest spent the largest portion of their operating costs for fuel while
regionals ExpressJet and Horizon Air and network carrier US Airways spent the least (Tables 6-8).
Unit
Costs
The
seven network carriers reported unit costs of 16.2 cents per ASM in the fourth quarter
of 2008 up from 14.5 cents per ASM in the fourth quarter of 2007 (Table 9).
The
carriers with the highest unit costs were regional airlines Comair and Horizon and network airline Northwest. The
lowest unit costs were reported by regional carrier ExpressJet and low-cost carriers Allegiant and Spirit (Tables 10, 11 and 12).
Unit Revenues
The seven network carriers’ unit
revenues in the fourth quarter of 2008 were 15.2 cents per ASM compared to 14.4 cents in the fourth
quarter of 2007 (Table 13).
The
highest unit revenues were reported by regional carriers Comair, Horizon and American Eagle. The lowest unit
revenues were reported by regional carrier ExpressJet and low-cost carriers
Spirit and Virgin America. US Airways
reported the highest unit revenues of any network airline (Tables 14, 15 and 16).
Passenger
Yield
The
seven network airlines’ passenger yield was 13.3 cents per revenue passenger-mile
(RPM) in the fourth quarter of 2008, up from 12.9 cents per RPM in the fourth quarter
of 2007 (Table 17). The fourth quarter of 2008 marked the first time since BTS
began reporting yield statistics in the second quarter of 2002 that the network
airlines’ passenger yield fell below that of the low-cost carriers. Passenger
revenue yield measures passenger revenues against total travel by dividing
passenger revenues by RPMs.
The
top passenger revenue yields were reported by regional carriers Comair, Horizon
and American Eagle. The lowest passenger revenue yields were reported
by regional carrier ExpressJet and low-cost carriers Allegiant and
Spirit. Continental Airlines reported the highest passenger yield of any
network carrier (Tables 18, 19 and 20).
Reporting Notes
This
release consists of domestic plus international, or system, financial reports
for the airlines. For additional revenue and operating profit/loss numbers, go
to the BTS home page and use the links in the
Airline Industry box.
Airline financial data from the fourth
quarter of 2008 and previous quarters are posted on the BTS website at
TranStats, the Intermodal Transportation Database, http://www.transtats.bts.gov/Fields.asp?Table _ID=295. Data are compiled from quarterly financial
and monthly traffic reports filed with BTS by commercial air carriers.
Financial and traffic data are
preliminary and include data received by BTS as of May 1. Revised carrier data and late data filings
will be made available monthly on TranStats on the Monday following the second
Tuesday of the month. Data are subject to revision. BTS will
release First Quarter 2009 financial data on June 15.
Table 1: Passenger Airline System*
Quarterly Operating Profit/Loss Margin (In Percent)
Airline Groups Ranked by 4th Quarter 2008
Margin
(Operating Profit/Loss as Percent of Total Operating Revenue)
Excel | CSV
1 |
Regional |
3.6 |
2.0 |
2.5 |
3.5 |
4.9 |
98 |
2 |
Low-Cost |
1.5 |
-0.1 |
1.7 |
-0.8 |
3.9 |
189 |
3 |
Network |
-1.1 |
-5.2 |
-6.3 |
-5.4 |
-6.7 |
-1,684 |
|
21-Carrier
Total |
-0.02 |
-0.4 |
-4.5 |
-4.1 |
-4.4 |
-1,397 |
Source: Bureau of Transportation Statistics; Form 41,
Schedule P1.2
* System = domestic + international
Table 2: Network Airline System*
Quarterly Operating Profit/Loss Margin (In Percent)
Network Airlines Ranked by 4th Quarter 2008
Margin
(Operating Profit/Loss as Percent of Total Operating Revenue)
Excel | CSV
1 |
Alaska |
-5.4 |
-8.5 |
-7.1 |
7.2 |
4.1 |
30 |
2 |
Continental |
2.0 |
-2.7 |
-1.9 |
-4.2 |
-1.0 |
-35 |
3 |
Delta |
-0.7 |
-3.6 |
2.9 |
2.2 |
-1.2 |
-56 |
4 |
American |
-2.5 |
-4.1 |
-21.8 |
-4.2 |
-3.9 |
-213 |
5 |
US
Airways |
-3.6 |
-6.6 |
-16.1 |
-20.5 |
-12.5 |
-355 |
6 |
United |
-2.4 |
-9.4 |
-4.2 |
-8.4 |
-13.5 |
-613 |
7 |
Northwest |
3.0 |
-3.8 |
6.7 |
-5.7 |
-13.8 |
-441 |
|
7-Carrier Total |
-1.1 |
-5.2 |
-6.3 |
-5.4 |
-6.7 |
-1,684 |
Source:
Bureau of Transportation Statistics; Form 41, Schedule P1.2
* System =
domestic + international
Table 3: Low-Cost System* Quarterly
Operating Profit/Loss Margin (In Percent))
Low-Cost Airlines Ranked by 4th Quarter 2008 Margin
(Operating Profit/Loss as Percent of Total Operating Revenue
Excel | CSV
1 |
Allegiant |
2.6 |
8.1 |
0.2 |
5.0 |
21.6 |
25 |
2 |
Spirit |
-8.9 |
-1.0 |
13.5 |
-19.4 |
12.0 |
21 |
3 |
AirTran |
2.6 |
-5.9 |
-6.6 |
-6.9 |
9.3 |
54 |
4 |
JetBlue |
3.8 |
2.2 |
1.1 |
1.6 |
5.3 |
43 |
5 |
Southwest |
5.1 |
3.5 |
7.2 |
3.0 |
2.6 |
70 |
6 |
Frontier |
-8.5 |
-9.8 |
-12.2 |
-2.6 |
0.0 |
0 |
7 |
Virgin America |
-166.5 |
-96.2 |
-67.1 |
-47.5 |
-24.0 |
-26 |
|
7-Carrier Total |
1.5 |
-0.1 |
1.7 |
-0.8 |
3.9 |
189 |
Source: Bureau of Transportation Statistics; Form 41,
Schedule P1.2
* System =
domestic + international
Table 4: Regional Airline System*
Quarterly Operating Profit/Loss Margin (In Percent)
Ranked by 4th Quarter 2008 Margin
(Operating Profit/Loss as Percent of Total Operating Revenue)
Excel | CSV
1 |
Atlantic
Southeast |
10.5 |
8.1 |
7.9 |
6.0 |
7.6 |
23 |
2 |
Mesa |
-3.2 |
-2.6 |
-0.6 |
0.2 |
7.1 |
15 |
3 |
Comair |
8.2 |
7.8 |
9.7 |
9.0 |
7.1 |
18 |
4 |
SkyWest |
9.2 |
7.2 |
7.1 |
6.5 |
6.5 |
29 |
5 |
Horizon |
-7.4 |
-11.0 |
-6.0 |
4.2 |
5.1 |
9 |
6 |
American
Eagle |
8.9 |
4.1 |
3.3 |
5.3 |
2.7 |
12.0 |
7 |
ExpressJet |
-9.4 |
-7.7 |
-9.6 |
-11.2 |
-5.0 |
-8 |
|
7-Carrier Total |
3.6 |
2.0 |
2.5 |
3.5 |
4.9 |
98 |
Source:
Bureau of Transportation Statistics; Form 41, Schedule P1.2
* System =
domestic + international
Table 5: Passenger Airline System*
Fuel Costs Per Available Seat-Mile
Airline Groups Ranked by 4th Quarter 2008 Fuel Cost Per ASM (Cents Per ASM)
(Fuel Expense Per Available Seat
Mile in cents)
Excel | CSV
1 |
Network |
1.53 |
4.04 |
6.20 |
4.89 |
219.6 |
13.5 |
30.2 |
8,081 |
2 |
Regional |
2.30 |
4.71 |
6.23 |
3.90 |
69.6 |
18.1 |
27.5 |
521 |
3 |
Low-Cost |
1.34 |
3.24 |
4.63 |
3.58 |
167.2 |
17.9 |
34.7 |
1,614 |
|
21-Carrier
Total |
1.54 |
3.93 |
5.88 |
4.57 |
196.8 |
14.3 |
30.7 |
10,216 |
Source:
Bureau of Transportation Statistics, Form 41; Schedule P6
* System =
domestic + international
Table 6: Network Airline System* Fuel
Costs Per Available Seat-Mile
Network Airlines Ranked by 4th Quarter 2008 Fuel Cost Per ASM (Cents Per ASM)
(Fuel Expense Per Available Seat
Mile in cents)
Excel | CSV
1 |
Northwest |
1.71 |
4.26 |
8.08 |
6.85 |
300.6 |
15.5 |
36.2 |
1,319 |
2 |
United |
1.55 |
4.10 |
7.02 |
5.96 |
284.5 |
14.3 |
35.6 |
1,838 |
3 |
Delta |
1.46 |
4.13 |
5.87 |
4.94 |
238.4 |
11.7 |
31.2 |
1,529 |
4 |
American |
1.56 |
3.99 |
5.70 |
4.26 |
173.1 |
13.8 |
29.1 |
1,654 |
5 |
Continental |
1.43 |
3.76 |
5.58 |
4.24 |
196.5 |
14.6 |
27.9 |
961 |
6 |
US
Airways |
1.48 |
4.02 |
5.33 |
3.51 |
137.2 |
10.5 |
18.7 |
598 |
7 |
Alaska |
1.46 |
3.96 |
5.26 |
3.26 |
123.3 |
14.3 |
26.2 |
182 |
|
7-Carrier Total |
1.53 |
4.04 |
6.20 |
4.89 |
219.6 |
13.5 |
30.2 |
8,081 |
Source:
Bureau of Transportation Statistics, Form 41; Schedule P6
* System =
domestic + international
Table 7: Low-Cost Airline System*
Fuel Costs Per Available Seat-Mile
Low-Cost Airlines Ranked by 4th Quarter 2008 Fuel Cost Per ASM (Cents Per ASM)
(Fuel Expense Per Available Seat
Mile in cents)
Excel | CSV
1 |
JetBlue |
1.08 |
3.37 |
4.99 |
3.83 |
254.6 |
17.8 |
37.5 |
288 |
2 |
Allegiant** |
N/A |
4.62 |
6.27 |
3.68 |
N/A |
N/A |
40.4 |
37 |
3 |
Southwest |
1.30 |
2.94 |
3.99 |
3.60 |
176.9 |
16.9 |
34.5 |
918 |
4 |
AirTran |
1.68 |
3.78 |
5.78 |
3.56 |
111.9 |
20.7 |
35.7 |
191 |
5 |
Frontier |
1.34 |
3.79 |
5.52 |
3.37 |
151.5 |
16.2 |
30.0 |
90 |
6 |
Spirit |
1.79 |
3.17 |
5.48 |
3.05 |
70.4 |
22.3 |
35.2 |
55 |
7 |
Virgin America |
N/A |
3.55 |
5.12 |
2.85 |
N/A |
N/A |
25.6 |
35 |
|
7-Carrier Total |
1.34 |
3.24 |
4.63 |
3.58 |
167.2 |
17.9 |
34.7 |
1,614 |
Source:
Bureau of Transportation Statistics, Form 41; Schedule P6
* System =
domestic + international
**
Allegiant did not file at least $20 million in annual operating revenue and therefore
was not required to report Form 41, Schedule P6 fuel cost and consumption data
in 2003.
Table 8: Regional Airline System*
Fuel Costs Per Available Seat-Mile
Regional Airlines Ranked by 4th Quarter 2008 Fuel Cost Per ASM (Cents Per ASM)
(Fuel Expense Per Available Seat
Mile in cents)
Excel | CSV
1 |
American
Eagle |
2.58 |
6.30 |
8.98 |
6.54 |
153.5 |
19.1 |
35.3 |
155 |
2 |
Comair |
2.54 |
5.95 |
9.35 |
5.64 |
122.0 |
23.4 |
27.6 |
65 |
3 |
Atlantic
Southeast |
2.35 |
6.69 |
9.45 |
5.59 |
137.9 |
19.6 |
34.7 |
96 |
4 |
Horizon |
2.07 |
4.95 |
7.07 |
4.69 |
126.6 |
11.1 |
23.7 |
37 |
5 |
Mesa** |
N/A |
5.04 |
6.75 |
4.16 |
N/A |
N/A |
30.9 |
63 |
6 |
SkyWest |
2.46 |
3.90 |
4.99 |
3.03 |
23.2 |
19.3 |
24.7 |
103 |
7 |
ExpressJet |
1.78 |
2.60 |
1.10 |
0.07 |
-96.1 |
14.0 |
1.0 |
2 |
|
7-Carrier Total |
2.30 |
4.71 |
6.23 |
4.57 |
98.7 |
18.1 |
27.5 |
521 |
Source:
Bureau of Transportation Statistics, Form 41; Schedule P6
* System =
domestic + international
** Mesa did
not file at least $20 million in annual operating revenue and therefore was not
required to report Form 41, Schedule P6 fuel cost and consumption data in 2003.
Table 9: Passenger Airline System*
Unit Costs
Airline Groups Ranked by 4th Quarter 2008 Unit Costs (Cents Per ASM)
(Operating Expenses per Available Seat Mile in cents)
Excel | CSV
1 |
Network |
14.5 |
15.3 |
16.8 |
17.1 |
16.2 |
26,730 |
2 |
Regional |
14.9 |
16.3 |
18.0 |
16.3 |
14.2 |
1,896 |
3 |
Low-Cost |
9.5 |
10.0 |
10.5 |
11.0 |
10.3 |
4,649 |
|
21-Carrier
Total |
13.6 |
14.4 |
15.6 |
15.9 |
14.9 |
33,275 |
Source:
Bureau of Transportation Statistics; Form 41, Schedule P1.2. T100; T2 Data
* System =
domestic + international
Table 10: Network Airline System*
Unit Costs Network Carriers
Network Airlines Ranked by 4th Quarter 2008 Unit Costs (Cents Per ASM)
(Operating Expenses per Available Seat Mile in cents)
Excel | CSV
1 |
Northwest |
14.7 |
16.0 |
15.6 |
18.9 |
18.9 |
3,642 |
2 |
US
Airways |
16.4 |
17.0 |
20.1 |
20.8 |
18.8 |
3,196 |
3 |
United |
14.6 |
14.9 |
15.8 |
17.3 |
16.7 |
5,162 |
4 |
Delta |
15.2 |
16.5 |
16.4 |
16.2 |
15.9 |
4,904 |
5 |
Continental |
14.0 |
14.9 |
15.7 |
16.3 |
15.2 |
3,450 |
6 |
American |
13.7 |
14.4 |
18.0 |
15.9 |
14.6 |
5,680 |
7 |
Alaska |
13.1 |
13.1 |
14.1 |
13.9 |
12.5 |
696 |
|
7-Carrier Total |
14.5 |
15.3 |
16.8 |
17.1 |
16.2 |
26,730 |
Source:
Bureau of Transportation Statistics; Form 41; Schedule P1.2. T100; T2 Data
* System = domestic
+ international
Table 11: Low-Cost Airline System* Unit Costs
Low-Cost Airlines Ranked by 4th Quarter 2008 Unit Costs (Cents Per ASM)
(Operating Expenses per Available Seat Mile in cents)
Excel | CSV
1 |
Frontier |
11.5 |
12.0 |
12.5 |
12.1 |
11.2 |
299 |
2 |
Virgin America |
13.2 |
12.5 |
13.4 |
13.0 |
11.1 |
136 |
3 |
Southwest |
9.4 |
9.7 |
10.1 |
10.7 |
10.5 |
2,664 |
4 |
JetBlue |
8.8 |
9.5 |
10.1 |
10.9 |
10.2 |
768 |
5 |
AirTran |
9.9 |
10.9 |
11.4 |
11.6 |
10.0 |
535 |
6 |
Allegiant |
8.8 |
9.6 |
11.0 |
11.8 |
9.1 |
92 |
7 |
Spirit |
9.6 |
9.8 |
8.1 |
11.6 |
8.7 |
156 |
|
7-Carrier Total |
9.5 |
10.0 |
10.5 |
11.0 |
10.3 |
4,649 |
Source:
Bureau of Transportation Statistics; Form 41; Schedule P1.2. T100; T2 Data
* System =
domestic + international
Table 12: Regional Airline System* Unit Costs
Regional Airlines Ranked by 4th Quarter 2008
Unit Costs (Cents Per ASM)
(Operating Expenses per Available Seat Mile in cents)
Excel | CSV
1 |
Comair |
18.5 |
20.5 |
21.8 |
22.0 |
20.4 |
237 |
2 |
Horizon |
19.6 |
20.9 |
21.2 |
20.7 |
19.8 |
155 |
3 |
American
Eagle |
17.1 |
19.2 |
24.3 |
20.0 |
18.6 |
441 |
4 |
Atlantic
Southeast |
15.5 |
17.1 |
19.8 |
19.4 |
16.1 |
276 |
5 |
Mesa |
15.2 |
15.9 |
16.4 |
16.2 |
13.5 |
204 |
6 |
SkyWest |
12.3 |
13.2 |
13.4 |
13.7 |
12.3 |
418 |
7 |
ExpressJet |
12.6 |
13.9 |
15.0 |
9.8 |
6.9 |
165 |
|
7-Carrier Total |
14.9 |
16.3 |
18.0 |
16.3 |
14.2 |
1,896 |
Source:
Bureau of Transportation Statistics; Form 41; Schedule P1.2. T100; T2 Data
* System =
domestic + international
Table 13: Passenger Airline System*
Unit Revenue
Airline Groups Ranked by 4th Quarter 2008 Unit Revenue (Cents Per ASM)
(Operating Revenue Per Available
Seat Mile in cents)
Excel | CSV
1 |
Network |
14.4 |
14.6 |
15.8 |
16.2 |
15.2 |
25,046 |
2 |
Regional |
15.4 |
16.6 |
18.4 |
16.9 |
14.9 |
1,994 |
3 |
Low-Cost |
9.7 |
10.0 |
10.6 |
10.9 |
10.7 |
4,838 |
|
21-Carrier
Total |
13.6 |
13.8 |
15.0 |
15.3 |
14.3 |
31,878 |
Source: Bureau of Transportation Statistics; Form 41,
Schedule P1.2. T100; T2 Data
* System =
domestic + international
Table 14: Network Airline System*
Unit Revenue
Network Airlines Ranked by 4th Quarter 2008 Unit Revenue (Cents Per ASM)
(Operating Revenue Per Available
Seat Mile)
Excel | CSV
1 |
US
Airways |
15.8 |
15.9 |
17.3 |
17.3 |
16.7 |
2,841 |
2 |
Northwest |
15.2 |
15.4 |
16.7 |
17.8 |
16.6 |
3,201 |
3 |
Delta |
15.1 |
15.9 |
16.9 |
16.5 |
15.7 |
4,848 |
4 |
Continental |
14.3 |
14.5 |
15.4 |
15.6 |
15.1 |
3,415 |
5 |
United |
14.2 |
13.6 |
15.2 |
16.0 |
14.7 |
4,549 |
6 |
American |
13.4 |
13.8 |
14.8 |
15.3 |
14.1 |
5,467 |
7 |
Alaska |
12.4 |
12.1 |
13.2 |
14.9 |
13.0 |
726 |
|
7-Carrier Total |
14.4 |
14.6 |
15.8 |
16.2 |
15.2 |
25,046 |
Source:
Bureau of Transportation Statistics; Form 41, Schedule P1.2. T100; T2 Data
* System =
domestic + international
Table 15: Low-Cost Airline System*
Unit Revenue
Low-Cost Airlines Ranked by 4th Quarter 2008 Unit Revenue (Cents Per
ASM)
(Operating Revenue Per Available
Seat Mile)
Excel | CSV
1 |
Allegiant |
9.0 |
10.4 |
11.0 |
12.4 |
11.6 |
117 |
2 |
Frontier |
10.6 |
11.0 |
11.2 |
11.8 |
11.2 |
299 |
3 |
AirTran |
10.2 |
10.3 |
10.7 |
10.8 |
11.0 |
589 |
4 |
JetBlue |
9.1 |
9.7 |
10.3 |
11.1 |
10.8 |
811 |
5 |
Southwest |
9.9 |
10.0 |
10.9 |
11.0 |
10.7 |
2,734 |
6 |
Spirit |
8.8 |
9.7 |
9.4 |
9.7 |
9.8 |
177 |
7 |
Virgin America |
5.0 |
6.4 |
8.0 |
8.8 |
9.0 |
110 |
|
7-Carrier Total |
9.7 |
10.0 |
10.6 |
10.9 |
10.7 |
4,838 |
Source:
Bureau of Transportation Statistics; Form 41, Schedule P1.2. T100; T2 Data
* System =
domestic + international
Table 16: Regional Airline System*
Unit Revenue
Ranked by 4th Quarter 2008 Unit Revenue (Cents Per ASM)
(Operating Revenue Per Available
Seat Mile
Excel | CSV
1 |
Comair |
20.1 |
22.2 |
24.2 |
24.2 |
22.0 |
255 |
2 |
Horizon |
18.3 |
18.8 |
20.0 |
21.6 |
20.8 |
164 |
3 |
American
Eagle |
18.7 |
20.1 |
25.2 |
21.1 |
19.1 |
453 |
4 |
Atlantic
Southeast |
17.4 |
18.7 |
21.5 |
20.7 |
17.5 |
299 |
5 |
Mesa |
14.8 |
15.5 |
16.3 |
16.2 |
14.5 |
219 |
6 |
SkyWest |
13.5 |
14.2 |
14.4 |
14.6 |
13.2 |
447 |
7 |
ExpressJet |
11.6 |
12.9 |
13.7 |
8.9 |
6.6 |
157 |
|
7-Carrier Total |
15.4 |
16.6 |
18.4 |
16.9 |
14.9 |
1,994 |
Source:
Bureau of Transportation Statistics; Form 41, Schedule P1.2. T100; T2 Data
* System =
domestic + international
Table 17: Airline System* Passenger
Revenue Yield
Airline Groups Ranked by 4th Quarter 2008 Revenue Yield (Cents Per RPM)
(Passenger Revenue per Revenue Passenger Mile in cents)
Excel | CSV
1 |
Regional |
20.8 |
22.4 |
23.5 |
21.8 |
19.4 |
1,947 |
2 |
Low-Cost |
12.3 |
12.5 |
12.6 |
13.0 |
13.5 |
4,426 |
3 |
Network |
12.9 |
13.1 |
13.5 |
14.0 |
13.3 |
17,483 |
|
21-Carrier
Total |
13.3 |
13.6 |
14.0 |
14.3 |
13.7 |
23,850 |
Source:
Bureau of Transportation Statistics; Form 41; Schedule P1.2. T100; T2 Data
* System =
domestic + international
Table 18: Network Airline System*
Passenger Revenue Yield
Network Airlines Ranked by 4th Quarter 2008
Revenue Yield (Cents Per RPM)
(Passenger Revenue per Revenue Passenger
Mile in cents)
Excel | CSV
1 |
Continental |
13.0 |
13.3 |
13.5 |
14.0 |
13.8 |
2,489 |
2 |
American |
12.8 |
13.5 |
13.8 |
14.3 |
13.7 |
4,174 |
3 |
Alaska |
13.2 |
13.0 |
13.6 |
14.4 |
13.5 |
580 |
4 |
United |
13.2 |
12.8 |
13.5 |
14.2 |
13.3 |
3,262 |
5 |
US
Airways |
13.1 |
13.1 |
13.4 |
13.2 |
13.0 |
1,766 |
6 |
Northwest |
12.5 |
12.5 |
13.4 |
14.3 |
12.9 |
2,062 |
7 |
Delta |
12.5 |
12.9 |
13.3 |
13.4 |
12.7 |
3,150 |
|
7-Carrier Total |
12.9 |
13.1 |
13.5 |
14.0 |
13.3 |
17,483 |
Source: Bureau of Transportation Statistics; Form 41;
Schedule P1.2. T100; T2 Data
* System =
domestic + international
Table 19: Low-Cost Airline System*
Passenger Revenue Yield
Low-Cost Airlines Ranked by 4th Quarter 2008 Revenue Yield (Cents Per
RPM)
(Passenger Revenue per Revenue Passenger Mile in cents)
Excel | CSV
1 |
Southwest |
13.2 |
13.3 |
13.5 |
14.3 |
14.7 |
2,548 |
2 |
AirTran |
12.9 |
13.1 |
13.0 |
12.2 |
13.2 |
553 |
3 |
Frontier |
11.6 |
12.0 |
11.8 |
12.9 |
12.5 |
267 |
4 |
JetBlue |
10.9 |
11.4 |
11.6 |
11.8 |
12.3 |
724 |
5 |
Virgin America |
6.7 |
9.3 |
9.7 |
10.2 |
10.5 |
103 |
6 |
Allegiant |
9.5 |
10.0 |
9.8 |
10.4 |
9.9 |
89 |
7 |
Spirit |
9.7 |
10.7 |
10.0 |
9.7 |
9.7 |
142 |
|
7-Carrier Total |
12.3 |
12.5 |
12.6 |
13.0 |
13.5 |
4,426 |
Source:
Bureau of Transportation Statistics; Form 41; Schedule P1.2. T100; T2 Data
* System =
domestic + international
Table 20: Regional Airlines System*
Passenger Revenue Yield
Regional Airlines Ranked by 4th Quarter 2008 Revenue Yield (Cents Per
RPM)
(Passenger Revenue per Revenue Passenger Mile in cents)
Excel | CSV
1 |
Comair |
27.1 |
31.5 |
29.4 |
29.9 |
28.3 |
237 |
2 |
Horizon |
24.6 |
26.2 |
26.5 |
27.6 |
28.1 |
158 |
3 |
American
Eagle |
25.7 |
28.4 |
33.7 |
29.9 |
26.8 |
446 |
4 |
Atlantic
Southeast |
22.9 |
24.0 |
26.2 |
25.5 |
22.1 |
298 |
5 |
Mesa |
19.6 |
20.9 |
20.7 |
20.5 |
18.3 |
215 |
6 |
SkyWest |
17.9 |
19.0 |
18.7 |
18.6 |
16.8 |
442 |
7 |
ExpressJet |
15.7 |
16.7 |
17.1 |
11.3 |
8.3 |
151 |
|
7-Carrier Total |
20.8 |
22.4 |
23.5 |
21.8 |
19.4 |
1,947 |
Source:
Form 41; Schedule P1.2. T100; T2 Data
* System =
domestic + international
|