Filing Flows › Industries › Industrials › Air Transportation, Scheduled
Air Transportation, Scheduled SIC 4512
13 companies filing with the SEC under SIC 4512. Median revenue growth +21% year on year in Q3 2026 (middle half +18% to +29%, 11 companies). The growth model expects the industry's combined revenue to grow +21% in Q3 2026. 12 customer or supplier links named in annual reports.
Money flow: where the industry's revenue goes
Drawn in the browser: an estimate of where the industry's revenue goes — what it buys from other industries, the pay that reaches households, taxes and profit — beside its filed cash flow, two tiers of suppliers and its capital spending by kind of asset.
Open the industry: growth distribution, money flow, network →
Who sells to whom
Customers and suppliers named in the companies' annual reports; the share is of the supplier's revenue.
- RJET → AAL 43% of the supplier's revenue, $724M
- RJET → UAL 31% of the supplier's revenue, $518M
- RJET → DAL 24% of the supplier's revenue, $410M
- AIRT → AAL 4% of the supplier's revenue, $13.1M
- GE → RJET
- GE → SKYW
- GE → DAL
- DAL → RJET
- AAL → RJET
- BA → LUV
- BA → ALGT
- BA → AAL
Growth model
Industry revenue, the same companies year on year; 80% ranges. Fitted on SEC filings and tested out of sample (how).
| Quarter | Growth Y/Y | Revenue | 80% range |
|---|---|---|---|
| Q3 2026 | +20.5% | $74.2B | $37.6B – $110.8B |
| Q4 2026 | +21.6% | $75.3B | $31.1B – $119.4B |
| Q1 2027 | +20.9% | $73.2B | $27.3B – $119.1B |
| Q2 2027 | +19.5% | $87.6B | $30.6B – $144.6B |
Capital spending and supply chain →
Companies
| Company | Quarterly revenue | Y/Y | Stage |
|---|---|---|---|
| DAL Delta Air Lines | $20.2B | +21% | transition |
| United Airlines | $17.9B | +17% | transition |
| AAL American Airlines Group | $16.3B | +19% | transition |
| American Airlines | $12.6B | — | mature |
| LUV Southwest Airlines | $8.4B | +21% | transition |
| ALK Alaska Air Group | $4.3B | +14% | transition |
| JBLU Jetblue Airways | $2.8B | +21% | transition |
| ULCC Frontier Group Holdings | $1.4B | +53% | expansion |
| SKYW Skywest | $1.1B | +6% | mature |
| ALGT Allegiant Travel | $962M | +71% | expansion |
| RJET Republic Airways Holdings | $554M | +34% | deceleration |
| JETMF Global Crossing Airlines Group | $71.8M | +24% | reacceleration |
| Harbor Diversified | $2.5M | — | transition |
Growth from positive, comparable quarterly revenue as filed; industries are SEC Standard Industrial Classification codes. Data Nov 8, 2026.