This is from the Online Metals website:
6061 Aluminum is, by most any measure, the most commonly used aluminum alloy. It is specified in most any application due to its strength, heat treatability, comparatively easy machining, and weldability. If that were not enough, it is also capable of being anodized, adding a layer of protection for finished parts.
The main alloy ingredients of 6061 aluminum are magnesium and silicon.
6061-T6 Aluminum
Physical and Mechanical Properties
Ultimate Tensile Strength, psi 45,000
Yield Strength, psi 40,000
Brinell Hardness 95
Rockwell Hardness B60
Chemistry
Aluminum (Al) 95.8 - 98.6%
Chromium (Cr) 0.04 - 0.35%
Copper (Cu) 0.15 - 0.40%
Iron (Fe) 0.70%
Magnesium (Mg) 0.8 - 1.2%
Manganese (Mn) 0.15% max
Silicon (Si) 0.4 - 0.8%
Zinc (Zn) 0.025%
7075 is the other "aircraft grade" aluminum that is carried by OnlineMetals. Its principal alloying ingredients are zinc and copper, which make it one of the highest-strength aluminum alloys that are available. In fact, its typical strength in the T6 temper is higher than most mild steels.
7075 also has average-to-good ratings for machinability, corrosion resistance, and anodizing response. Like 2024, however, it is not considered to be weldable.
7075-T6 Aluminum Physical and Mechanical Properties
Ultimate Tensile Strength, psi 83,000
Yield Strength, psi 73,000
Brinell Hardness 150
Rockwell Hardness B87
Chemistry
Aluminum (Al) 87.1 - 91.4%
Zinc (Zn) 5.1 - 6.1% max
Copper (Cu) 1.2 - 2.0%
Chromium (Cr) 0.18 - 0.28%
Iron (Fe) 0.5 max
Magnesium (Mg) 2.1 - 2.9%
Manganese (Mn)
0.3% max
Based on the above:
7075 is best for turn fins and brackets where flex needs to be avoided
6061 is best for areas that require welding or are not subject to flexing loads
2011 is the most machinable of the commonly available aluminum alloys. Machining this alloy can produce excellent surface finishes on your product, and small, broken chips.
Weldability, strength, and anodizing response are all rated as average at best, and this alloy does not have a high degree of corrosion resistance.
If the ability to make your part quickly is important to you, and strength is not the primary desire, 2011 represents a good choice if you're using aluminum.
Copper is the main alloying ingredient in 2024. It is very strong compared to most aluminum alloys, and has average machinability, but the copper component of this alloy makes it susceptible to corrosion (many items in this alloy are produced with a clad surface to protect the underlying material.) In addition, 2024 is not considered to be weldable.
Finally, the fatigue resistance of 2024 make it a primary choice when the application is expected to be under stress or strain for prolonged periods. It is commonly used in aerospace applications.