Rank

Airline

Revenue

US$M

OpResult

US$M

NetResult

US$M

net

margin %

fleet

Total

emps

Revenue Tonne kilometres (mil)

Revenue

Pax km

Pax

millions

Load

Factor %

Year

End

92

91

Pax

Freight

Total

1

1

AMR Corp (American)

14,396.0

(25.0)

(935.0)

-6.5

672

102,400

14,223

2,176

16,399

156,786

86.01

63.7

Dec-92

2

2

UAL Corp (United)

12,889.7

(537.8)

(956.8)

-7.4

536

84,000

13,489

2,522

16,010

149,166

67.00

67.4

Dec-92

3

4

Delta Air Lines Inc

11,639.1

(825.5)

(564.8)

-4.9

554

79,157

11,761

1,765

13,525

129,632

82.97

61.3

Dec-92

4

5

Lufthansa

11,036.5

(198.5)

(250.4)

-2.3

302

63,645

5,882

4,676

10,725

61,274

33.70

65.0

Dec-92

5

3

Air France Group

10,769.4

(285.0)

(617.0)

-5.7

220

63,933

5,238

3,970

9,208

55,504

32.71

67.4

Dec-92

6

6

British Airways

9,307.7

518.4

297.7

3.2

241

48,960

7,622

2,691

10,313

80,473

28.10

70.8

Mar-93

7

7

Japan Airlines

8,285.3

(385.7)

(350.8)

-4.2

108

22,254

4,796

3,273

8,069

54,188

23.27

67.5

Mar-93

8

9

NWA Inc (Northwest)

8,127.6

(344.0)

(1,063.7)

-13.1

372

45,766

8,568

3,089

11,657

94,442

43.55

65.4

Dec-92

9

8

Federal Express

7,712.1

269.8

(83.9)

-1.1

425

84,161

92

6,256

6,348

1,017

0.13

-

Dec-92

10

10

All Nippon Airways

7,122.3

142.9

(9.4)

-0.1

125

14,655

3,430

665

4,095

38,115

34.90

66.3

Mar-93

11

11

USAir Group

6,686.0

(336.0)

(1,229.0)

-18.4

440

46,200

5,124

417

5,541

56,482

54.70

58.8

Dec-92

12

12

SAS Group

5,908.2

502.6

(127.4)

-2.2

132

40,140

1,488

442

1,930

15,725

14.51

62.7

Dec-92

13

13

Continental

5,551.0

(107.6)

(125.3)

-2.3

328

35,804

6,355

1,021

7,376

70,047

38.79

63.6

Dec-92

14

14

Alitalia

5,510.7

209.1

(11.9)

-0.2

157

21,183

2,466

1,307

3,773

27,397

19.69

65.0

Dec-92

15

15

KLM Royal Dutch AL

4,666.3

54.5

(319.0)

-6.8

90

26,163

3,030

2,562

5,592

33,064

9.50

69.4

Mar-93

16

16

Swissair

4,438.5

152.8

80.7

1.8

60

19,025

1,573

1,063

2,684

16,221

8.01

60.3

Dec-92

17

17

Iberia

4,136.7

(120.1)

(339.8)

-8.2

125

27,000

2,147

625

2,772

23,871

15.42

66.5

Dec-92

18

18

TWA Inc

3,634.5

(404.6)

(317.7)

-8.7

178

29,958

4,258

734

4,992

46,935

22.54

64.7

Dec-92

19

19

Singapore Airlines

3,443.0

548.0

518.5

15.1

57

22,857

3,675

2,412

6,086

37,861

8.64

71.3

Mar-93

20

20

Qantas*

3,099.4

79.1

105.7

3.4

46

14,936

2,684

1,220

3,904

28,836

4.53

66.2

Jun-92

21

21

Cathay Pacific

2,988.0

464.0

385.0

12.9

49

13,240

2,695

1,671

4,366

27,527

8.36

73.5

Dec-92

22

22

Korean Air

2,965.2

259.3

1.5

0.1

85

12,802

2,166

2,799

4,965

22,684

15.25

67.7

Dec-92

23

24

Air Canada

2,895.8

(162.9)

(375.5)

-13.0

102

18,900

2,101

777

2,878

23,159

9.90

66.5

Dec-92

24

26

DHL Airways Inc

2,600.0

NR

NR

NR

150

7,000

-

NR

NR

-

-

-

Dec-92

25

23

PWA Corp (Canadian AL)

2,379.7

(89.9)

(449.4)

-18.9

81

15,352

1,944

597

2,541

21,442

8.14

66.9

Dec-92

26

31

Japan Air System

2,363.7

(11.3)

(42.4)

-1.8

76

5,469

837

143

980

11,988

14.94

66.7

Mar-93

27

28

Saudia

2,351.8

(23.1)

(39.5)

-1.7

109

23,739

1,646

734

2,380

18,289

11.60

64.0

Dec-92

28

30

Varig

2,181.2

(351.5)

(380.3)

-17.4

80

26,140

1,936

1,009

2,944

20,443

8.46

61.5

Dec-92

29

29

Thai Airways Intl

2,158.0

186.5

171.8

8.0

67

19,286

1,820

908

2,781

20,226

8.70

62.7

Sep-92

30

33

Ansett Transport Ind*

1,917.1

NR

(99.8)

-5.2

36

9,050

746

87

833

8,211

7.51

NR

Jun-92

31

36

LTU/LTU Sud

1,836.1

NR

NR

NR

23

3,425

1,309

150

1,460

14,547

4.78

76.7

Dec-92

32

32

Garuda Indonesia

1,810.4

104.1

46.3

2.6

60

12,522

1,537

472

2,008

16,608

5.79

56.5

Dec-92

33

35

Sabena

1,708.3

60.7

11.7

0.7

56

9,365

558

407

965

6,203

3.14

57.4

Dec-92

34

41

Southwest Airlines

1,685.2

182.6

103.5

6.1

141

11,397

2,032

49

2,082

22,187

27.84

64.5

Dec-92

35

34

China Airlines

1,631.6

155.7

143.6

8.8

30

7,894

1,214

1,074

2,288

13,449

5.79

76.0

Dec-92

36

39

Airborne Express

1,484.3

27.9

5.2

0.4

81

14,800

-

661

661

-

-

-

Dec-92

37

37

Malaysia Airlines

1,465.2

72.2

56.5

3.9

80

19,783

1,347

714

2,061

16,054

11.60

67.3

Mar-93

38

40

Aer Lingus

1,381.0

(78.2)

(195.6)

-14.2

31

12,500

NR

NR

510

4,006

4.30

68.0

Mar-93

39

38

America West Airlines

1,294.1

(74.8)

(131.8)

-10.2

86

10,500

1,702

142

1,862

18,958

15.17

61.4

Dec-92

40

43

Air New Zealand*

1,222.9

74.4

63.7

5.2

29

8,835

1,100

400

1,502

12,710

3.87

64.4

Jun-92

41

-

South African Airways*

1,180.6

NR

(39.6)

-3.4

41

11,544

861

118

978

8,681

4.93

59.0

Mar-92

42

44

United Parcel Service

1,174.2

14.7

7.1

0.6

142

2,855

-

3,131

3,130

-

-

-

Dec-92

43

25

Aeroflot RIA

1,172.1

190.4

71.5

6.1

103

14,076

1,270

498

1,768

14,129

3.54

63.0

Dec-92

44

46

Australian Airlines*

1,165.7

(52.7)

(37.9)

-3.3

77

9,710

757

53

810

8,136

8.34

81.6

Jun-92

45

42

Finnair

1,132.2

(21.8)

(16.8)

-1.5

56

9,984

827

145

971

8,972

4.99

69.0

Mar-93

46

45

Alaska Air Group

1,115.0

(94.8)

(84.8)

-7.6

128

8,979

879

118

997

9,693

8.63

57.2

Dec-92

47

47

TAP Air Portugal

1,110.1

(74.0)

(199.8)

-18.0

32

10,784

690

167

871

7,671

3.50

69.0

Dec-92

48

48

Mexicana

1,090.2

(102.5)

(142.1)

-13.0

64

8,476

886

97

983

10,396

7.99

55.6

Dec-92

49

50

Austrian Airlines

1,003.8

47.6

0.1

0.0

29

4,327

416

82

498

4,497

3.07

60.3

Dec-92

50

49

El Al

937.8

33.8

31.5

3.4

20

3,417

769

930

1,699

8,492

1.95

73.1

Dec-92

51

59

Gulf Air

928.1

73.8

50.6

5.5

34

5,425

721

279

1,015

7,780

3.96

64.0

Dec-92

52

54

Aeromexico

927.7

169.7

(52.3)

-5.6

55

6,154

761

71

832

8,765

7.18

57.0

Dec-92

53

55

Britannia Airways

924.0

73.0

55.8

6.0

38

3,100

1,403

NR

1,403

15,515

6.90

90.1

Dec-92

54

51

Olympic Airways

922.5

(35.0)

(224.8)

-24.4

54

10,861

677

107

784

7,520

5.63

60.6

Dec-92

55

52

Aerolineas Argentinas

919.2

(33.3)

(190.4)

-20.7

35

7,871

876

168

1,044

9,135

3.67

63.6

Dec-92

56

56

Philippine Airlines*

894.4

121.4

40.8

4.6

49

12,972

1,539

320

1,859

12,198

5.88

73.0

Mar-92

57

58

Air China

820.6

96.6

83.4

10.2

58

8,627

NR

NR

1,480

10,270

3.69

59.2

Dec-92

58

57

Pakistan Intl Airlines*

811.0

62.7

39.0

4.8

42

20,813

1,304

386

1,690

9,925

5.59

65.9

Jun-92

59

65

Turkish Airlines

736.5

(44.1)

(87.3)

-11.9

40

8,181

574

118

692

6,167

4.69

60.7

Dec-92

60

53

Air India*

693.2

57.5

51.5

7.4

22

17,425

736

405

1,140

8,158

2.00

61.5

Mar-92

61

61

Airlines of Britain Hldgs

687.7

7.5

0.5

0.1

61

4,318

318

5

323

3,530

5.90

64.7

Dec-92

62

62

Virgin Atlantic

626.5

(22.0)

NR

NR

8

2,394

984

285

1,269

9,001

1.23

76.1

Oct-92

63

-

China Southern

570.1

97.9

100.7

17.7

44

6,944

584

141

725

8,105

8.00

86.3

Dec-92

64

64

Martinair Holland

543.8

27.7

57.6

10.6

14

2,025

749

1,153

1,901

7,486

1.70

NR

Dec-92

65

77

Egyptair*

540.0

NR

NR

NR

42

14,914

672

134

806

7,407

4.40

64.6

Dec-92

66

67

Braathens SAFE

536.4

19.2

3.4

0.6

27

2,855

194

7

201

2,258

4.16

62.6

Dec-92

67

75

Air Afrique

530.1

26.3

0.9

0.2

10

4,210

201

168

369

2,235

0.71

68.4

Dec-92

68

70

Royal Air Maroc

520.0

NR

NR

NR

30

5,215

310

58

368

4,641

2.26

64.3

Dec-92

69

71

Vasp

518.5

(12.5)

(249.1)

-48.0

27

7,053

424

117

541

4,519

3.88

49.1

Dec-92

70

63

Indian Airlines

503.6

(28.6)

(68.9)

-13.7

52

22,393

576

110

685

7,201

7.80

73.6

Mar-93

71

72

Monarch Airlines

481.5

30.1

29.1

6.1

23

2,125

722

7

729

8,631

3.34

85.0

Apr-93

72

66

Linjeflyg

481.0

(32.3)

(99.1)

-20.6

27

2,000

123

15

138

1,461

3.79

54.6

Dec-92

73

68

TAT European Airlines

477.3

(21.1)

3.7

0.8

70

3,119

38

NR

38

448

0.91

48.5

Dec-92

74

69

Aviaco

477.0

50.5

21.0

4.4

43

1,813

216

10

227

2,425

5.24

64.0

Dec-92

75

60

Davies & Newman Hldgs

440.0

NR

(39.0)

-8.9

-

-

442

3

444

4,903

4.26

75.7

Nov-92

76

88

Air 2000

425.4

35.5

27.9

6.6

17

1,198

818

-

818

9,535

3.40

88.9

Oct-92

77

73

American Transair

421.8

3.2

(2.1)

-0.5

25

2,359

812

-

812

8,955

2.64

73.5

Dec-92

78

-

Air UK

415.8

NR

NR

NR

31

1,278

85

2

87

946

2.00

49.0

Dec-92

79

98

Kuwait Airways*

415.6

(63.4)

18.2

4.4

16

5,029

294

214

511

3,200

1.31

62.0

Jun-92

80

85

Tunis Air

405.2

60.9

65.9

16.3

18

5,885

298

20

318

3,368

2.38

67.4

Dec-92

81

78

Hawaiian Airlines

399.7

(84.7)

32.9

8.2

32

2,500

519

30

549

5,691

4.77

71.0

Dec-92

82

84

Royal Jordanian

392.5

55.6

(17.1)

-4.4

16

4,717

327

193

526

3,632

1.13

65.3

Dec-92

83

76

Avianca

380.7

(30.0)

(2.1)

-0.5

24

3,996

324

102

427

3,422

3.23

61.5

Dec-92

84

81

Nippon Cargo Airlines

368.7

(46.4)

(68.1)

-18.5

6

669

-

1,177

1,177

-

-

-

Mar-93

85

82

LOT Polish Airlines

358.3

11.0

(9.4)

-2.6

33

4,414

304

52

356

3,577

1.25

68.2

Dec-92

86

83

Aero Lloyd

350.7

10.2

0.4

0.1

20

886

426

NR

426

4,733

2.17

77.5

Dec-92

87

80

Transbrasil

343.1

(60.2)

(88.6)

-25.8

23

4,603

294

135

429

3,264

2.05

47.7

Dec-92

88

87

Malev Hungarian Airlines

338.6

4.6

0.3

0.1

26

3,586

124

9

134

1,378

1.15

54.5

Dec-92

89

92

Evergreen International AL

332.7

27.1

(7.7)

-2.3

27

729

4

336

341

48

0.01

68.3

Dec-92

90

90

Viasa

317.7

(56.5)

(62.5)

-19.7

12

2,989

343

109

452

3,148

0.75

52.1

Dec-92

91

93

LanChile

309.4

8.6

1.2

0.4

14

1,979

205

257

462

2,279

0.92

62.8

Dec-92

92

86

Ethiopian Airlines*

279.0

26.2

9.0

3.2

22

3,360

151

88

239

1,584

0.70

59.0

Jun-92

93

-

Meridiana SpA

278.3

1.1

(21.9)

-7.9

17

1,427

107

2

109

1,185

1.99

52.7

Dec-92

94

91

Sterling Airways*

277.8

7.9

(9.3)

-3.3

10

1,943

287

1

287

3,185

NR

NR

Sep-91

95

99

Air Lanka*

266.0

13.0

7.9

3.0

8

3,891

348

106

453

3,772

0.96

71.1

Mar-92

96

-

Spanair

257.6

NR

10.1

3.9

10

645

364

NR

364

4,410

1.94

NR

Dec-92

97

96

Air Mauritius

257.0

NR

12.6

4.9

7

1,710

244

91

335

2,711

0.58

67.5

Mar-93

98

-

Luxair

252.6

NR

0.6

0.2

9

1,100

59

NR

59

652

0.62

55.3

Dec-92

99

-

Air Europa

250.0

2.9

1.1

0.4

11

732

323

NR

323

3,726

2.30

NR

Oct-92

100

-

Transavia Airlines

248.5

3.1

8.1

3.3

16

1,026

328

1

329

3,247

1.61

79.8

Dec-92

TOTAL

224,614.2

258.5

(8,001.0)

-3.6

8,667

1,483,806

164,475

67,975

234,795

1,807,724

997.3

65.5

 

Source: Airline Business