Wednesday, September 13, 2017

US Scheduled Air Transportation Companies (10) With Market Caps Above $1 Bil 2Q 2017 Total Earnings Were $4.354 Bil, Down 5% From the $4.599 Bil Total Earnings in the 2Q 2016

From a review of the Google Finance Website and of company financial statements in the US SEC website, I found the 10 Scheduled Air Transportation Companies (SEC Standard Identification Code 4512) headquartered in the US with Stock Market Capitalizations of more than $1 Bil very recently and which have filed their Calendar Second Quarter 2017 Financial Statements with the SEC.

Below here are the Total Reported US GAAP Earnings (Losses) From Continuing Operations for the Second Calendar Quarters of both 2017 and 2016 for each of these 10 largest US Scheduled Air Transportation Companies.





Calendar Calendar






2Q 17 2Q 16



Calendar US GAAP US GAAP Net Net


Most
2Q 17 Net Net Income Income
US Air Transportation: Scheduled (SIC 4512) City State Recent
Month Income Income Better Better
Stock Market Caps Above $1 Bil HQs HQs FYE
End (Loss) (Loss) (Worse) (Worse)





 $ mils  $ mils  $ mils %










Delta Airlines Atlanta GA Dec16
June         1,224         1,546           (322) -21%
United Continental Chicago IL Dec16
June            818            588            230 39%
American Airlines Group Fort Worth TX Dec16
June            803            950           (147) -15%
Southwest Airlines Dallas TX Dec16
June            746            820             (74) -9%
Alaska Air Group Seattle WA Dec16
June            296            260              36 14%
JetBlue Airways Long Island City NY Dec16
June            211            181              30 17%
Hawaiian Holdings Inc Honolulu HI Dec16
June              80              80               -   0%
Spirit Airlines Inc Miramar FL Dec16
June              78              73                5 7%
SkyWest Inc St George UT Dec16
June              50              40              10 25%
Allegiant Travel Co Las Vegas NV Dec16
June              48              61             (13) -21%










Total all 10




        4,354         4,599           (245) -5%