BTS 44-11
Tuesday, September 13, 2011
Contact: Dave Smallen
Tel: 202-366-5568
BTS Releases 1Q 2011 Airline Financial Data; Airlines Collected $1.4 Billion from Fees in First Quarter 2011
U.S. airlines collected $1.38 billion from baggage fees and reservation change fees in the first quarter of 2011, according to the airline financial data released today by the U.S. Department of Transportation's Bureau of Transportation Statistics (BTS).
The airlines received $784 million from baggage fees and $598 million from reservation change fees in the first quarter. These are the only fees paid by passengers that BTS can identify separately. All other fees paid by passengers are included in larger categories with other types of revenue. In July, the Department issued a notice of proposed rulemaking that would require airlines to report 16 additional categories of fee revenue in addition to the baggage and reservation change fees to provide additional airline pricing information to consumers and airline analysts. Public comments on this rulemaking will be accepted through Sept. 13 at Docket ID No. RITA-2011-0001.
The release of the first-quarter financial data was scheduled for June 20 but delayed because of technical processing issues. Operating profit/loss and operating revenue can be found on these tables. Fuel cost and consumption numbers are available on these tables. See the BTS financial databases for more detailed data.
BTS has not yet scheduled the release of second-quarter 2011 financial data.
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