- Nov 9, 2003
- 16,512
- 5,865
Just a few odds and ends released recently from the BTS.....
Fuel:
Through April the major, national, & large regional airlines combined used slightly over half as much fuel as in all of 2004 - 9.57 Billion gallons vs 18.56 Billion gallons. The total cost of fuel for the 1st 4 months of 2005 was nearly 2/3 of 2004's total cost - $13.476 Billion vs $21.10 Billion. It goes without saying that the average cost per gallon was up - $1.41 vs $1.14 per gallon.
BTS Table
Number of employees:
Not surprisingly, employment by the same carriers was down 2.4% in April vs April 2004. Also not surprisingly, the network carriers shed the most employees (down 6.1%) while the low cost carriers remained almost even (down 0.5%) and the regional carriers added employees (up 12.1%). Still less surprising is that US Airways has shed the largest percentage of employees since 2001 - nearly 50%.
BTS April Employment Data
March traffic:
Not new news but a recent release by the BTS is March domestic only traffic data. Overall, the number of passengers was up 7.2% while RPM's were up 7.6% (both YOY). Ranked by domestic enplanements, US Airways stayed #6 and Southwest continues to be #1. ATL continues to be the busiest airport, again measured by enplanements.
BTS March Traffic Data
1Q05 Financials:
Finally, the independently calculated financials for 1Q05 were released by the BTS, all based only on domestic results. Not surprisingly, they report that no network carrier had an operating profit - US Airways came out second worst with a -13.9% operating profit margin.
Somewhat more surprising is that of the 3 low cost carriers that had an operating profit, Southwest was 3rd (though they were tightly bunched).
The large regional carriers, not surprisingly, had operating profits (except Atlantic Southeast) and thus positive operating profit margins. Interestingly, Mesa had a 13.2% profit margin - nearly the exact reverse of US Airways. Who says you can't make a large fortune operating an airline - you just have to have someone guarantee a profit.
US Airways had the 3rd highest domestic unit revenue - 13.0 cents - behind CAL & NWA. Mesa has unit revenues of 12.2 cents, by the way.
Us Airways also had the 3rd highest domestic unit cost - 14.8 cents - again behind CAL & NWA. Mesa continues to be the lowest cost large regional with domestic unit costs of 10.6 cents.
1Q05 Airline Financial Data
Jim
Fuel:
Through April the major, national, & large regional airlines combined used slightly over half as much fuel as in all of 2004 - 9.57 Billion gallons vs 18.56 Billion gallons. The total cost of fuel for the 1st 4 months of 2005 was nearly 2/3 of 2004's total cost - $13.476 Billion vs $21.10 Billion. It goes without saying that the average cost per gallon was up - $1.41 vs $1.14 per gallon.
BTS Table
Number of employees:
Not surprisingly, employment by the same carriers was down 2.4% in April vs April 2004. Also not surprisingly, the network carriers shed the most employees (down 6.1%) while the low cost carriers remained almost even (down 0.5%) and the regional carriers added employees (up 12.1%). Still less surprising is that US Airways has shed the largest percentage of employees since 2001 - nearly 50%.
BTS April Employment Data
March traffic:
Not new news but a recent release by the BTS is March domestic only traffic data. Overall, the number of passengers was up 7.2% while RPM's were up 7.6% (both YOY). Ranked by domestic enplanements, US Airways stayed #6 and Southwest continues to be #1. ATL continues to be the busiest airport, again measured by enplanements.
BTS March Traffic Data
1Q05 Financials:
Finally, the independently calculated financials for 1Q05 were released by the BTS, all based only on domestic results. Not surprisingly, they report that no network carrier had an operating profit - US Airways came out second worst with a -13.9% operating profit margin.
Somewhat more surprising is that of the 3 low cost carriers that had an operating profit, Southwest was 3rd (though they were tightly bunched).
The large regional carriers, not surprisingly, had operating profits (except Atlantic Southeast) and thus positive operating profit margins. Interestingly, Mesa had a 13.2% profit margin - nearly the exact reverse of US Airways. Who says you can't make a large fortune operating an airline - you just have to have someone guarantee a profit.
US Airways had the 3rd highest domestic unit revenue - 13.0 cents - behind CAL & NWA. Mesa has unit revenues of 12.2 cents, by the way.
Us Airways also had the 3rd highest domestic unit cost - 14.8 cents - again behind CAL & NWA. Mesa continues to be the lowest cost large regional with domestic unit costs of 10.6 cents.
1Q05 Airline Financial Data
Jim
