BTS Q1 Airline Financial Data

US scheduled passenger airlines reported an after-tax net profit of $3.1 billion in the first quarter of 2015, up from $241 million in the fourth quarter of 2014 and up from $507 million in the first quarter of 2014, reports the US Department of Transportation’s Bureau of Transportation Statistics (BTS). The 26 US scheduled service passenger airlines reported an after-tax net profit as a group for the eighth consecutive quarter. In addition to the after-tax net profit of $3.1 billion based on net income reports, the scheduled service passenger airlines reported a $5.1 billion pre-tax operating profit in the first