U.S. Airline Employment Trends
U.S. Cargo and Passenger Airlines Lost 1,492 Jobs in December 2023
Employment Remains 8.4% Above Pre-Pandemic December 2019
Employment Remains 8.4% Above Pre-Pandemic December 2019
U.S. airlines carried 77.7 million systemwide (domestic and international) scheduled service passengers in November 2023, according to the Bureau of Transportation Statistics (BTS). When adjusted for seasonality, November enplanements are up 1.3% from October and reached a new all-time high reached in November 2023.
U.S. Airlines' December 2023 Fuel Cost per Gallon Down 7.2% from November 2023
For the first 11 months of 2023, 1.4% of flights were canceled, far below the 2.5% cancellation rate for the first 11 months of 2022 and the 2.0% cancellation rate for first 11 months of pre-pandemic 2019.
Employment Remains 8.8% Above Pre-Pandemic November 2019
The average U.S. domestic air fare decreased in the third quarter of 2023 to $368, down 6.9% from the second quarter 2023 inflation-adjusted fare of $395. Passenger demand decreased in the third quarter to 86.6 million passengers, down from 88.8 million passengers in the second quarter.
Aviation Fuel Consumption Up 4.1% from Pre-Pandemic November 2019
U.S. airlines carried 82.6 million systemwide (domestic and international) scheduled service passengers in October 2023, according to the Bureau of Transportation Statistics (BTS). When adjusted for seasonality, October enplanements are up 1.2% from September and reached a new all-time high in October 2023.
For the first 10 months of 2023, 1.5% of flights were canceled, far below the 2.6% cancellation rate for the first 10 months of 2022 and the 2.1% cancellation rate for first 10 months of pre-pandemic 2019.
U.S. Scheduled Passenger Airlines Reported a Third-quarter 2023 After-tax Net Gain of $1.6 Billion and a Pre-tax Operating Gain of $3.3 Billion. One Year Earlier, in the Third Quarter of 2022, the Airlines Reported an After-tax Net Gain of $2.4 Billion and a Pre-tax Operating Gain of $4.7 Billion.