The airline industry globally has long been the lifeblood of connecting people and goods around the world. While the industry understandably has a cyclical nature, some airlines always seem to do right with their operational sharpness and strong market presence keeping them in black. The following list shows the highest 15 airline profits in terms of net profit full year (in $, billions).
1. Delta Air Lines (USA)
2. American Airlines Group (USA)
The large U.S. carrier earned nearly $3.1 billion, thanks in part to its massive network of domestic and international routes as well as the strength of AAdvantage – one of the industry's most profitable frequent flyer programs!
3. UNITED AIRLINES
United Airlines of the US continued to be a strong competitor, generating net income of USD2.8 billion due to its large scale and focus on customer experience.
4. Emirates (UAE)
Net profit: $2.5 billion (Emirates is dominant in long-haul flights, luxury services and cargo operations) — Emirates (UAE)
5. Qatar Airways (Qatar)
Qatar based, Doha hub-based airline received significant benefits from premium services and its very advantageous geographic location.
6. Singapore Airlines (Singapore)
Singapore Airlines ( Singapore ) $1.6 billion, they do so based mostly on its reputation for quality service and innovation.
7. Southwest Airlines (USA)
Financially adept and great at the low-cost model, Southwest made a net profit of $2.3 billion as it thrived with domestic market growth its operational efficiency didn’t miss the mark either!
8. Lufthansa Group (Germany)
Germany-based Lufthansa, which benefit from companies across the board in passenger services to cargo and maintenance, made $2 billion.
9. British Airways (UK)
British Airways benefited from its clout across the Atlantic and a solid loyalty program, pulling in $1.4 billion for the year
10. Air France-KLM Group (France/Netherlands)
The Air France-KLM Group recorded a net profit of US $ 1.3 billion, by combining the two brands to extract synergies and sharpen cost
11. Turkish Airlines (Turkey)
Turkish Airlines is going from strength to strength with its strategic hub at Istanbul and fast-growing cargo operations, logging a net profit of $1.2 billion
12. Cathay Pacific (Hong Kong)
Cathay recorded a net profit of $900 million, thanks to its strong cargo operations and premium services.
13. ANA (All Nippon Airways)
ANA achieved the highest net profit among other programs at $850mn. Net Profit of $850 million, as a result of a strong domestic market and customer focused approach Results by Airline (alphabetical order)
14. Etihad Airways (UAE)
The UAE-based Etihad Airways posted a $700 million net profit, aided by its premium services and alliances.
15. China Southern Airlines (China)
An expanding Chinese aviation market and wide network helped China Southern Airways to report a net profit of $650 million.
Key Takeaways
People will always need to fly, and the following top 5 airlines prove how resilient they can be. They achieve financial success and connect the world with their efficiency, premium service, and innovative offering.
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