Airlines for America – Industry Review: Allocating Capital to Benefit Customers, Employees and Investors

This report reviews the airline industry's capital allocation with a focus on benefiting customers, employees, and investors.

It highlights the significant role of U.S. airlines in facilitating the safe and efficient movement of people and goods worldwide, including statistics on cargo and passenger volumes, employee numbers, and daily flights. The document challenges nostalgic views of the "golden age" of air travel, emphasizing that air travel has evolved from a luxury service for the wealthy to a more accessible mode of transportation for the broader public. It also includes perspectives on airline fees, deregulation, and innovation in the industry.