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

This report reviews the airline industry's capital allocation strategies aimed at benefiting customers, employees, and investors.

It highlights the scale and global reach of U.S. airlines, including passenger and cargo operations, number of employees, 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 general public. It also includes perspectives on airline fees and deregulation, indicating ongoing industry innovation and adaptation.