What is it?
Quarterly airline cargo revenue filed by U.S. certificated airlines with the U.S. Department of Transportation under a filing known as Form 41. Data is broken down for scheduled flights for freight and mail and for charter flights. Data is also further broken down by geographical region of service, i.e. Domestic/International or Domestic/Atlantic/Latin/Pacific. Updated quarterly. Data is reported in USD 000s and goes back to 1999.
In SONAR Airline Cargo Revenue is broken down for each major airline or carrier grouping into these different segments, where “xxx” is the airline or carrier grouping name:
AIRFREIGHT.xxx - Air Freight Revenue (Total)
AIRMAIL.xxx - Air Mail Revenue (Total)
AIRSCH.xxx - Scheduled Airline Revenue (Total) = sum of AIRFREIGHT and AIRMAIL
AIRCHTR.xxx - Charter Airline Cargo Revenue
AIRREV.xxx - Air Cargo Reported Quarterly Revenue = sum of AIRSCH and AIRCHTR
Regional breakdowns are available for larger airlines and groupings using a “D” for Domestic, “A” for Atlantic, “L” for Latin, “P” for Pacific, and “I” for International. For each revenue classification above, the code is appended to the ticker name as follows:
AIRFREIGHTD.xxx or AIRFREIGHTA.xxx or AIRFREIGHTP.xxx or AIRFREIGHTL.xxx
Revenue is also summarized together and separately for freighter (F) and passenger (P) carriers of different sizes:
GRP3 - airlines exceeding 1 billion dollars annually
GRP2 - airlines with 100 million to 1 billion dollars annually
G3Pass - passenger airlines exceeding 1 billion dollars annually
G3Frt - freighter airlines exceeding 1 billion dollars annually
G2Pass - passenger airlines between 100 million and 1 billion dollars annually
G2Frt - freighter airlines between 100 million and 1 billion dollars annually
As noted above, regional breakdowns are available using the D A L P I coding appended to the ticker name. Examples for the Atlantic region are below:
AIRREVA.G3P - passenger airlines exceeding 1 billion dollars annually operating in the Atlantic region
AIRREVA.G3F - freighter airlines exceeding 1 billion dollars annually operating in the Atlantic region
Who is interested?
Anyone interested in airline cargo revenue performance and how airlines compare with one another.
What does it tell me?
It provides detail below the publicly reported quarterly cargo revenue figures to help benchmark individual airlines on their revenue generation each quarter against their peers or composite airline groupings, by product (freight vs mail), by type of service (scheduled vs chartered), and by geographic region.