In 2024, Delta Air Lines and United Airlines were the leading airlines in the U.S., with a domestic market share of 21 percent. That year, American Airlines had the second-largest market share of 20 percent. U.S. airlines' domestic market share The passenger air transportation market is a thriving industry, taking individuals to locations around the globe. American Airlines was the third largest airline in the North America based on operating revenue, reaching nearly 40.5 billion U.S. dollars in 2023. Passenger airlines can face much scrutiny for their passenger satisfaction and comfort. A 2025 North American Airline Satisfaction Study by J.D. Power & Associates listed Southwest Airlines as the best long-haul, closely followed by low-cost carrier JetBlue Airways. United Airlines, Delta Air Lines, American Airlines and Southwest Airlines are the top-ranked airlines based on 2024 domestic market share. Delta operates out of Atlanta, and Hartsfield-Jackson Atlanta International Airport, Delta’s hub, sees the most passenger traffic in the United States. Chicago-headquartered United Airlines is a subsidiary of United Continental Holdings. United has flights to 210 domestic destinations and 120 destinations internationally.

The US Aviation Market Report is Segmented by Aircraft Type (Commercial Aviation, General Aviation, and Military Aviation), Propulsion Technology (Turboprop, Turbofan, Piston Engine, Turboshaft, and Others), and End User (Civil and Commercial Operators, Government and Defense Agencies, and Business and General Aviation Owners). The Market Forecasts are Provided in Terms of Value (USD).

In 2024, the U.S. airline industry generated ***** billion U.S. dollars in revenue from passenger fares. This represented an increase compared to the fare revenue reported a year earlier. The 2024 passenger revenue was also the new peak registered in the given period.

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Commercial Airlines Market Size 2025-2029

The commercial airlines market size is valued to increase by USD 430.2 billion, at a CAGR of 8.7% from 2024 to 2029. Increase in air passenger traffic will drive the commercial airlines market.

Major Market Trends & Insights

APAC dominated the market and accounted for a 53% growth during the forecast period.
By Revenue Stream - Passenger segment was valued at USD 515.10 billion in 2023
By Type - International segment accounted for the largest market revenue share in 2023

Market Size & Forecast

Market Opportunities: USD 50.56 billion
Market Future Opportunities: USD 430.20 billion
CAGR from 2024 to 2029 : 8.7%

Market Summary

The market represents a dynamic and ever-evolving industry, driven by numerous factors that shape its current landscape and future trajectory. Core technologies, such as advanced avionics and digitalization, continue to revolutionize air travel, enhancing efficiency and passenger experience. Applications, including in-flight entertainment and connectivity, are witnessing significant growth, with increasing air passenger traffic fueling demand. Service types, such as low-cost and full-service carriers, cater to diverse consumer preferences. Regulations, including safety standards and environmental initiatives, remain a critical influence. For instance, the European Union's Emissions Trading System (ETS) has driven airlines to adopt more fuel-efficient aircraft and operational practices.
According to the International Air Transport Association (IATA), passenger traffic grew by 4.3% in 2019, with smart airports becoming increasingly popular to streamline the travel experience. Despite this growth, rising operating expenses, including fuel costs and labor, pose challenges. However, opportunities, such as market consolidation and expansion into emerging markets, offer potential for growth.

What will be the Size of the Commercial Airlines Market during the forecast period?

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How is the Commercial Airlines Market Segmented ?

The commercial airlines industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.

Revenue Stream

  Passenger
  Cargo


Type

  International
  Domestic


Range Outlook

  Short-haul
  Medium-haul
  Long-haul
  Ultra-long haul


Fuel Efficiency

  Conventional Jet Fuel
  Biofuels
  Electric Propulsion
  Hydrogen-powered


Operation Model

  Scheduled Flights
  Charter Flights
  Wet Leasing


Business Model

  Network Carriers
  Point-to-Point Carriers
  Ultra-Low-Cost Carriers (ULCCs)


Geography

  North America

    US
    Canada


  Europe

    France
    Germany
    Italy
    UK


  Middle East and Africa

    Egypt
    KSA
    Oman
    UAE


  APAC

    China
    India
    Japan


  South America

    Argentina
    Brazil


  Rest of World (ROW)

By Revenue Stream Insights

The passenger segment is estimated to witness significant growth during the forecast period.

In the dynamic and evolving the market, various sectors are witnessing significant developments. The passenger segment experienced a notable surge in 2024, with around 4.6 billion passengers passing through airports worldwide, marking a 28.3% increase. This growth can be attributed to the burgeoning air travel industry, particularly in the Asia Pacific region. To cater to this increasing demand, major aircraft Original Equipment Manufacturers (OEMs) are expanding their production capabilities to meet scheduled deliveries. Low-Cost Carriers (LCCs) are also modernizing their fleets to capitalize on new market opportunities. The procurement of new aircraft is a primary response to the growing number of air passengers.

Operating costs remain a significant challenge for commercial airlines. To address this, various solutions are being implemented. In-flight entertainment systems are being upgraded to enhance the passenger experience, contributing to fuel efficiency improvements. Airline alliances are collaborating to optimize fleet operations and reduce maintenance costs through shared resources. Airworthiness directives, aircraft navigation, weather forecasting, flight simulation, and flight data analysis are essential tools for maintaining aircraft safety and efficiency. Flight operations are being streamlined through advanced technologies like avionics systems, aircraft maintenance software, and safety management systems. Passenger safety is a top priority, leading to advancements in aircraft design, technology, and ground support equipment.

Aircraft leasing companies are playing a crucial role in fleet optimization, providing flexible financing options for airlines. The market for aviation

About Dataset:

This dataset provides detailed information on airline flight routes, fares, and passenger volumes within the United States from 1993 to 2024.

Data Features:

1. tbl: Table identifier 2. Year: Year of the data record 3. quarter: Quarter of the year (1-4) 4. citymarketid_1: Origin city market ID 5. citymarketid_2: Destination city market ID 6. city1: Origin city name 7. city2: Destination city name 8. airportid_1: Origin airport ID 9. airportid_2: Destination airport ID 10. airport_1: Origin airport code 11. airport_2: Destination airport code 12. nsmiles: Distance between airports in miles 13. passengers: Number of passengers 14. fare: Average fare 15. carrier_lg: Code for the largest carrier by passengers 16. large_ms: Market share of the largest carrier 17. fare_lg: Average fare of the largest carrier 18. carrier_low: Code for the lowest fare carrier 19. lf_ms: Market share of the lowest fare carrier 20. fare_low: Lowest fare 21. Geocoded_City1: Geocoded coordinates for the origin city 22. Geocoded_City2: Geocoded coordinates for the destination city 23. tbl1apk: Unique identifier for the route

Potential Uses: 1. Market Analysis: Assess trends in air travel demand, fare changes, and market share of airlines over time. 2. Price Optimization: Develop models to predict optimal pricing strategies for airlines. 3. Route Planning: Identify profitable routes and underserved markets for new route planning. 4. Economic Studies: Analyze the economic impact of air travel on different cities and regions. 5. Travel Behavior Research: Study changes in passenger preferences and travel behavior over the years. 6. Competitor Analysis: Evaluate the performance of different airlines on various routes.

In the first three quarters of 2024, U.S. airlines generated more than 240 billion U.S. dollars in operating revenue, an increase of nearly seven percent compared to the previous year. Revenue streams Operating revenue is the revenue generated by a company from its primary business activities. In the case of most airlines, we can divide operating revenue into four main types: airfares, ancillary, cargo and other. Airfares is simply the revenue generated from the sale of flights, while cargo is any additional revenue generated from transporting freight or mail in addition to passengers. Ancillary airlines are the additional fees that are sometimes charged to passengers for extra services such as seat allocation, additional baggage, meals and access to an in-flight entertainment system or in-flight Wi-Fi. Ancillary revenue can comprise a significant portion of an airline’s total revenue, especially for low-cost carriers. Finally, other includes revenue from regular non-flight services such as frequent flyer programs or consumer credit cards offered by the airline.

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Aviation Market Size 2025-2029

The aviation market size is forecast to increase by USD 715.6 billion, at a CAGR of 8.4% between 2024 and 2029.

The market is experiencing significant shifts, driven by the increasing emphasis on efficiency within the airline industry. This push for improved productivity is leading to the adoption of advanced technologies, such as radio-frequency identification (RFID), to streamline operations and enhance passenger experience. Simultaneously, the aviation sector faces complexities in its supply chain due to the rapid pace of technological advancement.
These challenges necessitate agile and adaptive strategies from industry players to effectively manage their supply chains and mitigate potential disruptions. Companies seeking to capitalize on market opportunities and navigate these challenges must stay abreast of emerging technologies and maintain a flexible, innovative approach to business operations.

What will be the Size of the Aviation Market during the forecast period?

Explore in-depth regional segment analysis with market size data - historical 2019-2023 and forecasts 2025-2029 - in the full report.
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The market continues to evolve, with dynamic interplay between various sectors shaping its landscape. Aircraft leasing and financing facilitate fleet management for airlines, enabling operational flexibility and cost efficiency. Aircraft insurance mitigates risks, ensuring financial security for lessors and lessees. In the realm of airline operations, supply chain management optimizes processes, enhancing efficiency and reducing costs. Business travelers demand superior passenger experience, driving investments in communication systems, passenger services, and crew scheduling. General aviation, including business jets and rotary-wing aircraft, caters to diverse needs, from executive travel to emergency medical services. Safety remains a top priority, with continuous advancements in aviation safety regulations, accident investigation techniques, and aviation law.

The aerospace industry innovates in aircraft design, materials, and propulsion systems, such as turbine engines and noise reduction technologies. Air traffic management and aviation training adapt to growing global trade and increasing air traffic volumes. Embracing technology, aviation incorporates advanced navigation systems, flight control systems, and airport infrastructure to improve efficiency and reduce emissions. The ongoing integration of these elements underscores the continuous dynamism of the market.

How is this Aviation Industry segmented?

The aviation industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.

Type

  Commercial aviation
  Military aviation
  General aviation


Revenue Stream

  Passenger
  Freight


Component

  Aircraft engines
  Airframe systems
  Avionics
  Cabin interiors
  Landing gears


Geography

  North America

    US
    Canada


  Europe

    France
    Germany
    UK


  Middle East and Africa

    UAE


  APAC

    China
    India
    Japan
    South Korea


  Rest of World (ROW)

.

By Type Insights

The commercial aviation segment is estimated to witness significant growth during the forecast period.

The market encompasses various sectors, including defense industry, freight forwarding, jet engines, fixed-wing aircraft, rotary-wing aircraft, aviation law, safety regulations, aerospace industry, navigation systems, ground handling, aviation security, military aviation, aircraft design, aircraft financing, fleet management, aircraft maintenance, baggage handling, passenger experience, passenger services, air traffic management, aviation training, airline ticketing, cargo operations, fuel efficiency, aircraft certification, air traffic control, air transportation, global trade, business jets, aircraft leasing, aircraft insurance, airline operations, supply chain management, business travel, general aviation, communication systems, aviation safety, route planning, pilot training, flight control systems, crew scheduling, airport infrastructure, and emissions reduction. The commercial aviation segment, which includes general aviation and scheduled airline services, is experiencing notable growth in market revenue.

Commercial aviation is utilized for diverse transportation needs, such as tourism, passenger travel, business travel, and freight transportation. Factors fueling this growth include the expanding middle-class population with increasing disposable income and the emergence of low-cost airline companies. Major components of commercial aviation consist of the wings, power plants, fuselage, tail or empennage, and landing gear. Commercial aviation plays a crucial role in various indus

The global airline industry is booming, with a projected market size of $633 billion in 2025 and a steady CAGR of 2.9%. This comprehensive analysis explores market drivers, trends, restraints, regional breakdowns (North America, Europe, Asia-Pacific, etc.), key players (American Airlines, Delta, etc.), and future growth projections. Discover insights into domestic vs. international travel, long-haul vs. regional routes, and the impact of LCCs.

The North America Aviation Market is Segmented by Type (Commercial Aircraft (Passenger Aircraft and Freighter Aircraft), Military Aircraft (Combat Aircraft and Non-Combat Aircraft), and General Aviation (Helicopter, Piston Fixed-Wing Aircraft, Turboprop Aircraft, and Business Jet)) and Geography (United States and Canada). The Report Offers Market Sizes and Forecasts for all the Above Segments in Value (USD).

The Aviation Market Report is Segmented by Type (Commercial Aviation, Military Aviation, General Aviation, Unmanned Aerial Systems, and Advanced Air Mobility), Propulsion Technology (Turboprop, Turbofan, Piston Engine, and More), Power Source (Conventional Fuel, Fuel Cell, and More), Fit (Line Fit, and Retrofit), and Geography (North America, Europe, and More). The Market Forecasts are Provided in Terms of Value (USD).

The number of flights performed globally by the airline industry has increased steadily since the early 2000s and reached **** million in 2019. However, due to the coronavirus pandemic, the number of flights dropped to **** million in 2020. The flight volume increased again in the following years and was forecasted to reach ** million in 2025.

The North America Commercial Aviation Market is Segmented by Aircraft Type (Freighter Aircraft, Passenger Aircraft) and by Country (Canada, Mexico, United States). Key Data Points Observed Include Air Passenger Traffic, Air Transport Freight, Defense Spending, Military Aircraft Active Fleet, Revenue Passenger Kilometers, High-Net Worth Individuals, and Inflation Rate.

Domestic airline revenue varies with changes in domestic travel patterns. Airlines are investing in modern technology and upgrading aircraft to reduce costs. Mainline fleets are expanding aircraft size to carry more passengers per flight, enhancing economies of scale. Major carriers, like Delta Airlines, focused on advancing premium service offerings, while the competitive landscape was further shaped by budget airlines offering low-cost fares. Revenue is expected to expand at a CAGR of 16.5% to $243.8 billion through the end of 2025, including growth of 0.4% in 2025 alone. The double-digit CAGR is attributed to the low comparison base recorded in 2020. Rebounding travel is providing airlines with an opportunity to attract more travelers by offering appealing fare options and continuing to enhance service quality. Easing inflationary pressures and interest rate reductions are improving consumer and business sentiment and driving a rebound in passenger and business travel, supporting growth through 2025. Airlines are capitalizing on this positive momentum, with investments directed toward enhancing customer loyalty programs and expanding their service offerings. Despite facing competitive pressures from low-cost carriers, major airlines are strategically positioning themselves through partnerships and aligning with financial institutions to secure funding. Major airlines continue to seek profit improvements and are investing in sustainable aviation fuel (SAF) to curb their environmental footprint and reduce exposure to jet-fuel cost fluctuations. Ongoing investments into SAF are expected to foreshadow the airline's continuing commitment to prioritizing fuel efficiency and sustainability. The industry is expected to consolidate further, with Big Four airlines maintaining their lead despite intensifying regulatory scrutiny. Airlines will benefit from airport and infrastructure upgrades as unallocated funding from the IIJA capitalizes and projects come online. Easing monetary policy and improving liquidity are expected to support consumption and drive domestic travel, setting the stage for a return to sustained growth. Industry revenue is set to expand by a CAGR of 1.3% to an estimated $260.2 billion through the end of 2030.

The North American commercial aviation market, encompassing passenger and freighter aircraft across narrowbody, widebody, and sub-aircraft categories, is poised for steady growth. The market's 3.83% CAGR from 2019-2024 suggests a robust foundation, likely driven by factors such as increasing air travel demand, particularly in the burgeoning e-commerce sector fueling freighter aircraft needs, and continued modernization of existing fleets by major airlines in the region. Key players like Boeing, Airbus, and Embraer are capitalizing on this growth through continuous innovation in aircraft design, fuel efficiency, and passenger experience. Expansion of regional air travel networks, particularly within the US, and the growing adoption of sustainable aviation fuels (SAFs) are further contributing to market expansion. However, challenges remain. Supply chain disruptions and rising fuel costs present ongoing hurdles for manufacturers and airlines, potentially impacting production timelines and operational efficiency. Furthermore, geopolitical uncertainties and economic fluctuations could influence future growth trajectories. The market segmentation by aircraft type allows for a granular understanding of evolving needs and opportunities within the sector, particularly as demand shifts between passenger and cargo transport based on global economic conditions. Looking ahead to the forecast period (2025-2033), the North American commercial aviation market is anticipated to maintain a growth trajectory, although the exact CAGR may fluctuate based on macroeconomic factors. The ongoing recovery from the COVID-19 pandemic, coupled with the long-term trend of rising disposable incomes and increased tourism, suggests a positive outlook for passenger aircraft segments. The continued expansion of e-commerce and global supply chains points toward a steady growth path for the freighter aircraft segment as well. However, sustainable practices will increasingly play a critical role, with pressure mounting on manufacturers and airlines to adopt more environmentally friendly technologies and reduce carbon emissions. Competitive pressures from international aircraft manufacturers will continue to drive innovation and efficiency improvements within the industry. Therefore, a strategic understanding of both market opportunities and potential challenges will be crucial for success in this dynamic sector. This comprehensive report provides an in-depth analysis of the North America commercial aviation market, covering the period from 2019 to 2033. It delves into market size, segmentation, key players, growth drivers, challenges, and future trends, offering valuable insights for industry stakeholders. The report uses 2025 as the base year and forecasts market dynamics until 2033, leveraging historical data from 2019-2024. This report is crucial for understanding the complexities and opportunities within the rapidly evolving North American aviation landscape. High-search-volume keywords like North America aviation market, commercial aircraft market, passenger aircraft sales, freighter aircraft demand, and aviation industry trends are incorporated throughout to maximize online visibility. Note: I cannot provide direct links to company websites as I do not have access to real-time information, including website URLs. However, you can easily find these links by searching the company names on a search engine. Recent developments include: June 2023: Boeing received solid 40 737 Max 8s orders from Irish aircraft leasing company Avolon.June 2023: Air Algérie, the national airline of Algeria, signed a contract to purchase seven wide-body aircraft to support commercial development.June 2023: Delta Air Lines Inc. is in talks with Airbus SE (AIR.PA) for a jumbo jet order. Orders include both A350 and A330neo dual-aisle.. Notable trends are: OTHER KEY INDUSTRY TRENDS COVERED IN THE REPORT.

The North America General Aviation Market Report is Segmented by Aircraft Type (Business Jets, and More), Propulsion Type (Conventional Piston/Turbine, Hybrid-Electric, and More), Ownership Model (Full Private Ownership, and More), End-User Application (Business/Corporate Transport, Personal and Leisure Flying, and More), and Geography (United States, Canada, and More). The Market Forecasts are Provided in Terms of Value (USD).

The global airline industry, valued at $614.3 billion in 2025, is projected to experience steady growth, with a Compound Annual Growth Rate (CAGR) of 2.8% from 2025 to 2033. This growth is driven by several factors, including the increasing affordability of air travel, particularly on regional routes, a rise in disposable incomes globally fueling leisure travel, and the expansion of low-cost carriers. The industry is segmented by route type (long-range and regional) and travel type (domestic and international). International travel, particularly between major hubs in North America, Europe, and Asia-Pacific, contributes significantly to the market's overall value. Technological advancements, such as improved aircraft efficiency and enhanced booking platforms, also contribute positively to the sector's expansion. However, the industry faces challenges including fluctuating fuel prices, geopolitical instability impacting travel demand, and increased competition amongst established and emerging players. While North America and Europe currently hold the largest market shares, the Asia-Pacific region is expected to experience significant growth driven by rapid economic development and rising middle classes in countries like China and India. This growth will likely lead to increased competition for market share among major airlines globally. Continued focus on sustainability initiatives, enhancing passenger experience, and adapting to evolving consumer preferences will be crucial for airlines to maintain profitability and market competitiveness in the coming years. The projected market size in 2033 can be estimated based on the provided CAGR of 2.8% and 2025 market size. Applying this growth rate year-over-year, we project substantial growth across all segments. The long-range route segment is anticipated to maintain significant market share due to the increasing demand for international travel, while the regional route segment will likely see substantial growth fueled by the rise of low-cost carriers and increased domestic travel. Similarly, within the application segment, both domestic and international travel sectors are predicted to expand, although the proportion of international travel is expected to be relatively higher considering global travel trends. Key players, including those mentioned, will leverage strategic alliances, fleet modernization, and expansion into new markets to strengthen their competitive positions within this dynamic and growing landscape.

The current performance of the U.S. airline industry with regard to safety, fares, and service has been a topic of widespread concern among policymakers and the public. One aspect of this concern is the relationship between competition, concentration, and air fares. Competition is required to achieve and preserve the full benefits of deregulation, particularly if fares are to be set as low as possible.

This dataset provides a comprehensive overview of domestic airline routes within the United States. It includes valuable information for analyzing passenger travel patterns, market trends, and airline pricing strategies.

Data Features:

• Year
• Quarter
• City Market IDs
• Departure City
• Arrival City:
• Miles: The distance between the origin and arrival cities in miles.
• Average Daily Passengers: The average number of passengers flying this route per day.
• Average Fare: The average fare paid by passengers for this route (consider including currency information).

Potential Uses:

• Travel Demand Analysis: Identify popular routes, and understand seasonal variations in passenger traffic.
• Market Research: Analyze airline competition on specific routes and assess pricing strategies.
• Route Optimization: Airlines can use this data to evaluate existing routes and identify potential new routes with high passenger demand.
• Business Intelligence: Businesses can use this data to understand travel patterns relevant to their industry and make informed decisions.

Data Cleaning and Transformation Considerations:

• Ensure consistency in city names (consider using the city market ID to group nearby airports).
• Handle missing values appropriately.
• Consider converting categorical features to numerical representations for analysis.

This dataset is sourced from the Airline Data Project established by the MIT Global Airline Industry Program. It describes financial metrics for Individual airlines, airline sectors and the industry as a whole for the American commercial airline industry. The Original data from the source is collected in the zip file "Original MIT data" and the data relating to Airline finances and the main industry metrics has been cleaned and written into csv files for ease of use.

MIT ADP Description The U.S. commercial airline industry is one of the most diverse, dynamic and perplexing in the world. It is fast-evolving, labor intensive, capital intensive, hyper-competitive and highly susceptible to the ebb and flow of business cycles as well as being among the most regulated of deregulated businesses.

The Airline Data Project (ADP) was established by the MIT Global Airline Industry Program to better understand the opportunities, risks and challenges facing this vital industry. The ADP presents the most important airline industry data in one location in an easy-to-understand, user-friendly format.

The data on this website is sourced from the U.S. Department of Transportation's Form 41 data product. It has been selected and analyzed to present a view of the industry and its important trends, as well as to identify fundamental drivers of success - and in some cases, the early signs of potential failure.

The ADP is designed to support the goals of the MIT Airline Industry Consortium. It is a unique repository of data and analysis that will allow individuals – from academia to the financial community to the news media – to monitor the evolution of the U.S. commercial airline industry.

The ADP is updated in June of each year pending the release of Form 41 data files by the U.S. Bureau of Transportation Statistics. The last update of the ADP was in June 2020 for calendar year 2019 data. If you have questions about what items are included in various Form 41 data categories, you can refer to the U.S. DOT's Form 41 Financial Reporting Categories Item List Guide.

You are invited to review the data on this site and share your feedback on the wealth of information that is available about this highly visible industry.

Glossary: Aircraft Utilization Measure of aircraft productivity, calculated by dividing aircraft block hours by the number of aircraft days assigned to service on air carrier routes. Typically presented in block hours per day.

Available Seat Miles (ASMs) A common industry measurement of airline output that refers to one aircraft seat flown one mile, whether occupied or not. An aircraft with 100 passenger seats, flown a distance of 100 miles, generates 10,000 available seat miles.

Average Aircraft Capacity Average seating configuration of an airline’s operating fleet. The measure is derived by dividing total available seat miles flown by the number of aircraft miles flown. It is important to understand the average aircraft size as it is an important determinant of employees needed to service the operation of a particular airline.

Block Hour Time from the moment the aircraft door closes at departure of a revenue flight until the moment the aircraft door opens at the arrival gate following its landing. Block hours are the industry standard measure of aircraft utilization (see above).

Cost per Available Seat Mile (CASM) Measure of unit cost in the airline industry. CASM is calculated by taking all of an airline’s operating expenses and dividing it by the total number of available seat miles produced. Sometimes, fuel or transport-related expenses are withheld from CASM calculations to better isolate and directly compare operating expenses.

Unit Cost per Unit of Output A measurement that gauges total operating costs in relation to output.

Form 41 Data Information derived from airline filings with the Bureau of Transportation Statistics. Airline financial data is filed with the BTS quarterly; traffic and employment numbers are filed monthly.

Load Factor The number of Revenue Passenger Miles (RPMs) expressed as a percentage of ASMs, either on a particular flight or for the entire system. Load factor represents the proportion of airline output that is actually consumed. To calculate this figure, divide RPMs by ASMs. Load factor for a single flight can also be calculated by dividing the number of passengers by the number of seats.

Operating Revenue ...

Market Size statistics on the Domestic Airlines industry in the US