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

95

94

Pax

Freight

Total

1

1

American Airlines

16,910.0

1,015.0

196.0

1.2

635

110,000

14,999.3

3,029.7

18,029.0

165,625.9

79.80

66.3

31-Dec-95

2

3

Japan Airlines

15,026.4

179.6

(94.3)

-0.6

127

20,098

6,442.7

3,798.1

10,240.8

72,421.3

28.81

68.9

31-Mar-96

3

2

United Airlines

14,943.0

829.0

349.0

2.3

558

82,232

17,993.6

3,635.4

21,629.0

179,937.4

79.00

70.5

31-Dec-95

4

5

Lufthansa

13,903.7

585.0

1,031.2

7.4

314

57,586

7,828.4

6,234.7

14,063.1

79,085.3

40.70

71.0

31-Dec-95

5

4

Delta Air Lines

12,194.0

661.0

320.0

2.6

543

59,717

13,907.6

2,414.0

16,321.5

138,971.1

88.89

66.2

30-Jun-95

6

6

British Airways

12,142.9

1,139.2

740.2

6.1

293

55,296

9,604.0

3,476.0

13,080.0

95,947.0

32.33

73.6

31-Mar-96

7

7

Federal Express

10,273.6

623.8

307.8

3.0

552

121,829

7,472.9

7,472.9

31-May-96

8

8

All Nippon Airways

10,030.9

287.8

(88.9)

-0.9

125

14,189

3,943.4

971.8

4,915.2

43,811.5

37.60

63.7

31-Mar-96

9

9

Northwest Airlines

9,084.9

902.2

342.1

3.8

380

45,124

9,145.4

3,615.0

12,760.3

100,605.7

49.30

71.5

31-Dec-95

10

10

Air France Group

7,956.9

83.3

(579.6)

-7.3

141

36,484

4,654.5

4,599.0

9,253.5

51,712.0

15.00

72.8

31-Mar-96

11

11

USAir

7,474.0

322.0

119.0

1.6

510

42,082

6,094.1

443.0

6,537.1

60,941.2

56.70

64.7

31-Dec-95

12

13

KLM Royal Dutch Airlines

5,953.3

282.8

341.5

5.7

105

25,528

4,295.0

3,813.0

8,108.0

45,531.0

12.34

74.4

31-Mar-96

13

15

Swissair

5,940.9

200.8

(124.5)

-2.1

63

16,226

1,991.1

1,561.5

3,552.6

20,302.4

8.70

64.6

31-Dec-95

14

12

Continental Airlines

5,825.0

385.0

224.0

3.8

309

33,700

5,797.3

544.7

6,342.0

64,409.0

37.58

65.6

31-Dec-95

15

17

Qantas

5,315.3

635.6

133.8

2.5

135

28,948

4,839.2

1,743.5

6,582.7

51,204.0

16.05

71.9

30-Jun-95

16

14

SAS

4,962.2

671.0

357.1

7.2

152

22,731

1,670.4

502.3

2,172.7

18,506.0

18.84

65.1

31-Dec-95

17

18

Singapore Airlines

4,885.5

741.0

727.0

14.9

71

26,326

4,744.0

3,918.0

8,662.0

50,045.4

11.10

73.0

31-Mar-96

18

16

Alitalia

4,645.0

44.7

0.8

0.0

162

17,982

2,857.0

1,499.0

4,356.0

31,748.0

20.90

69.5

31-Dec-95

19

19

Korean Air

4,362.8

376.3

136.7

3.1

107

16,772

3,084.9

4,418.0

7,502.9

34,277.0

21.42

67.1

31-Dec-95

20

20

Cathay Pacific

3,937.4

486.8

385.0

9.8

57

14,744

3,365.6

2,847.7

6,212.4

35,341.0

10.30

71.6

31-Dec-95

21

22

Iberia Airlines

3,616.4

201.5

(360.5)

-10.0

109

23,245

2,142.5

723.7

2,866.2

23,764.0

13.67

70.0

31-Dec-95

22

21

Trans World Airlines

3,316.8

25.1

227.5

6.9

188

23,268

3,660.4

641.1

4,301.5

40,074.8

21.64

65.7

31-Dec-95

23

23

Air Canada

3,283.8

200.4

37.9

1.2

127

19,559

2,425.9

1,137.8

3,563.6

26,950.9

10.80

63.0

31-Dec-95

24

24

Japan Air System

3,086.1

325.0

0.7

0.0

77

5,653

940.3

148.7

1,089.0

13,735.4

16.91

60.3

31-Mar-96

25

25

Varig

3,065.6

290.4

(41.9)

-1.4

80

19,541

2,164.9

1,339.6

3,504.5

23,081.6

9.33

66.3

31-Dec-95

26

28

Thai Airways International

2,924.6

376.2

130.0

4.4

69

21,541

2,435.0

1,320.0

3,755.0

26,558.0

12.83

66.7

30-Sep-95

27

26

Southwest Airlines

2,872.8

313.5

182.6

6.4

224

19,933

3,379.0

3,379.0

37,541.4

44.79

64.5

31-Dec-95

28

Air Inter Europe

2,743.6

(134.0)

-4.9

55

10,667

825.5

825.5

9,171.0

15.70

31-Mar-96

29

29

LTU International Airways

2,618.9

96.6

3.7

28

4,990

1,782.3

113.5

1,895.8

19,803.3

6.70

81.6

31-Oct-95

30

27

Saudi Arabian Airlines

2,550.0

113

24,826

1,772.5

914.1

2,686.6

19,695.0

12.03

62.0

31-Dec-95

31

31

Garuda Indonesia

2,500.0

79

14,364

2,127.9

680.3

2,808.3

25,077.1

6.75

56.9

31-Dec-95

32

32

Ansett Australia

2,290.1

73.1

38.3

1.7

84

16,997

1,290.3

184.8

1,475.1

14,542.6

12.05

68.7

30-Jun-95

33

30

Canadian Airlines International

2,288.2

(19.5)

(141.9)

-6.2

133

15,653

2,252.8

760.8

3,013.7

24,544.0

10.40

64.2

31-Dec-95

34

34

Malaysia Airlines

2,278.9

99.8

98.8

4.3

90

17,766

2,017.9

1,328.1

3,346.0

24,565.8

14.31

69.9

31-Mar-96

35

33

Airborne Freight Corp

2,239.4

69.0

23.8

1.1

105

19,500

780.6

780.6

31-Dec-95

36

35

Sabena

2,041.7

25.9

(56.5)

-2.8

70

9,486

776.2

435.0

1,211.3

8,620.0

5.00

63.0

31-Dec-95

37

38

Air New Zealand

1,825.7

181.0

164.5

9.0

32

9,618

1,588.0

577.0

2,165.0

17,723.0

6.38

68.7

30-Jun-95

38

36

China Airlines

1,727.0

216.0

45.0

2.6

40

8,086

1,545.3

2,130.0

3,675.3

17,183.4

5.47

71.6

31-Dec-95

39

40

Finnair

1,660.9

143.0

85.3

5.1

56

9,654

957.0

235.0

1,192.0

10,733.0

5.96

68.5

31-Mar-96

40

37

United Parcel Service

1,629.6

52.1

29.6

1.8

186

4,336

5,375.8

5,375.8

31-Dec-95

41

39

America West Airlines

1,550.6

154.7

53.8

3.5

93

8,712

1,943.5

144.7

2,088.2

21,424.1

16.85

68.5

31-Dec-95

42

42

South African Airways

1,516.5

125.9

69.2

4.6

50

10,431

1,418.5

210.8

1,629.3

13,563.6

5.00

65.1

31-Mar-96

43

41

Alaska Airlines

1,417.5

75.9

17.3

1.2

141

10,467

1,254.3

111.0

1,365.3

16,089.8

13.94

61.8

31-Dec-95

44

50

Asiana Airlines

1,363.5

151.1

39.6

2.9

39

5,600

919.8

1,133.5

2,053.3

10,445.5

8.93

64.1

31-Dec-95

45

47

Air China

1,299.1

55.7

4.3

60

10,802

1,191.5

749.4

1,940.9

13,333.4

6.46

65.4

31-Dec-95

46

43

Aer Lingus

1,275.1

85.3

24.2

1.9

29

7,500

449.5

111.4

560.8

5,259.5

4.46

72.9

31-Dec-95

47

48

El Al

1,271.7

15.0

1.2

26

3,406

1,050.4

1,180.6

2,231.0

11,671.0

2.92

73.8

31-Dec-95

48

45

TAP Air Portugal

1,221.3

(72.1)

-5.9

35

8,217

694.5

206.8

901.3

7,716.0

3.69

69.0

31-Dec-95

49

52

Austrian Airlines

1,166.5

(12.0)

30.5

2.6

28

3,862

548.9

129.7

678.6

5,879.7

3.27

61.8

31-Dec-95

50

58

Vasp

1,153.4

237.2

155.4

13.5

38

5,582

590.8

213.2

804.0

6,476.5

4.96

54.0

31-Dec-95

51

44

Gulf Air

1,131.3

(151.1)

(137.1)

-12.1

39

6,450

1,028.9

473.4

1,502.3

11,064.0

5.01

66.5

31-Dec-95

52

55

Turkish Airlines

1,123.0

26.3

8.0

0.7

64

8,568

997.9

221.0

1,218.9

10,831.8

8.60

65.2

31-Dec-95

53

57

China Southern Airlines

1,099.3

51.4

47.1

4.3

82

14,447

1,105.2

323.3

1,428.5

15,386.5

14.34

73.2

31-Dec-95

54

64

EVA Air

1,089.2

90.7

7.5

0.7

25

5,240

1,321.7

1,736.0

3,057.7

14,686.0

3.12

72.1

31-Dec-95

55

51

Aeroflot RIA

1,056.1

71.1

6.7

118

12,711

1,255.5

499.0

1,754.5

13,949.7

3.49

58.1

31-Dec-95

56

49

Philippine Airlines

1,022.0

62.8

(66.1)

-6.5

44

13,533

1,385.0

382.5

1,767.5

14,071.2

6.94

68.6

31-Mar-95

57

56

Aerolineas Argentinas

974.9

(50.9)

(58.1)

-6.0

31

5,488

960.0

171.2

1,131.2

9,807.4

3.87

66.2

30-Jun-95

58

60

DHL Worldwide Express

958.6

22.1

22.0

2.3

88

8,500

480.7

480.7

31-Dec-95

59

61

Air-India

951.9

22.0

13.0

1.4

26

18,189

864.9

519.7

1,384.6

9,501.2

2.28

59.9

31-Mar-95

60

53

Olympic Airways

943.4

55.3

28.0

3.0

59

9,140

715.1

117.0

832.1

7,945.0

6.01

65.9

31-Dec-95

61

54

Britannia Airways

940.0

66.0

29

3,100

1,649.0

1,649.0

19,414.0

8.00

91.0

31-Dec-95

62

63

British Midland

875.8

9.6

8.5

1.0

72

4,996

387.3

9.2

396.9

4,302.7

7.50

69.6

31-Dec-95

63

62

Pakistan International Airlines

834.4

40.0

9.6

1.2

49

20,688

955.2

453.1

1,408.3

10,382.4

5.52

65.5

30-Jun-95

64

65

China Eastern Airlines

826.3

122.5

40.7

4.9

62

9,350

591.3

416.3

1,007.6

8,113.0

6.57

69.5

31-Dec-95

65

59

Mexicana

815.7

68.7

(244.3)

-29.9

44

6,499

716.8

58.2

775.0

8,327.0

6.56

60.6

31-Dec-95

66

73

Transbrasil

752.7

48.7

49.7

6.6

27

4,855

470.4

270.2

740.6

5,324.0

3.06

57.1

31-Dec-95

67

70

Martinair Holland

710.3

140.6

28.1

4.0

16

2,290

910.6

1,276.1

2,186.7

9,106.2

1.91

31-Dec-95

68

66

Virgin Atlantic

704.5

52.4

40.1

5.7

13

3,405

1,317.7

520.3

1,838.0

14,539.1

2.04

77.3

31-Aug-95

69

69

American Transair

690.2

15.2

6.4

0.9

44

3,987

1,323.3

1,323.3

14,587.1

4.59

70.2

31-Dec-95

70

46

Aeromexico

685.9

40.8

(22.4)

-3.3

51

5,355

724.1

96.6

820.7

8,610.1

6.87

59.7

31-Dec-95

71

68

Emirates

682.5

50.8

25.9

3.8

17

4,065

624.0

372.0

996.0

6,528.0

2.25

68.1

31-Mar-95

72

71

Egyptair

680.0

8.9

1.3

41

15,924

823.1

169.8

992.9

9,087.6

4.77

62.9

30-Jun-95

73

67

Hapag-Lloyd

660.0

31-Dec-95

74

72

Indian Airlines

651.2

11.5

(60.1)

-9.2

60

22,683

573.3

113.0

686.3

7,014.3

7.64

69.7

31-Mar-95

75

76

Braathens Safe

637.3

66.5

38.1

6.0

24

3,108

234.0

11.1

245.1

2,729.0

4.99

59.7

31-Dec-95

76

77

AOM French Airlines

632.5

55.1

5.4

0.9

24

2,138

738.4

126.8

865.2

8,203.9

2.33

73.9

31-Dec-95

77

85

LanChile

588.9

34.0

25.4

4.3

16

2,255

318.5

446.0

764.5

3,539.1

1.43

61.7

31-Dec-95

78

75

Avianca

560.0

29

3,264

452.1

46.4

498.5

3,859.5

3.86

62.1

31-Dec-95

79

78

Royal Air Maroc

555.4

24.1

7.0

1.3

28

4,913

328.1

60.6

388.7

4,814.9

2.38

70.0

31-Dec-95

80

74

Monarch Airlines

545.8

42.1

18.2

3.3

22

2,138

921.2

3.4

924.6

10,989.8

4.58

88.0

30-Apr-96

81

79

Tunisair

525.1

139.7

16.4

3.1

24

7,390

332.9

21.0

353.9

3,728.6

2.61

67.5

31-Dec-95

82

80

Kuwait Airways

520.0

20

5,705

461.2

335.6

796.8

5,124.2

1.95

66.0

30-Jun-95

83

89

LOT Polish Airlines

494.9

42.4

2.3

0.5

21

3,982

415.8

67.7

483.5

4,632.0

1.83

69.2

31-Dec-95

84

82

Aviaco

494.4

36.2

(0.2)

-0.1

32

1,796

223.3

7.7

231.0

2,637.4

5.05

60.5

31-Dec-95

85

83

Air Afrique

493.3

(35.5)

(32.3)

-6.5

18

4,488

266.5

169.0

435.5

2,961.2

0.91

61.7

31-Dec-95

86

94

Tower Air

490.0

13.5

10.7

2.2

18

1,842

731.5

36.2

767.7

8,084.0

1.57

75.2

31-Dec-95

87

81

Nippon Cargo Airlines

481.6

53.7

45.2

9.4

7

614

1,623.0

1,623.0

31-Mar-96

88

95

Comair

463.3

94.8

60.0

13.0

89

2,713

185.6

185.6

2,062.0

4.10

54.1

31-Mar-96

89

88

Mesa Air Group

454.5

29.6

14.0

3.1

177

3,900

170.8

170.8

1,898.0

6.09

51.0

30-Sep-95

90

98

Air UK

453.5

11.6

4.4

1.0

36

1,600

147.7

2.2

149.9

1,660.2

3.10

55.1

31-Dec-95

91

92

Aero Lloyd

443.7

4.2

0.9

21

974

519.4

519.4

5,770.0

2.39

77.0

31-Dec-95

92

84

Air 2000

442.1

67.2

42.2

9.5

18

1,335

940.4

0.6

941.0

10,546.0

4.32

88.8

31-Oct-95

93

96

TAM

435.4

87.0

47.7

10.9

32

1,781

148.9

11.7

160.6

1,654.1

2.62

53.8

31-Dec-95

94

90

Royal Jordanian Airlines

418.9

57.2

(34.6)

-8.3

18

5,592

430.0

265.2

695.2

4,394.5

1.27

65.8

31-Dec-95

95

93

Premiair

417.8

0.1

0.2

0.0

13

959

662.0

662.0

7,354.8

1.16

94.2

31-Dec-95

96

100

Cargolux

395.2

13.9

11.3

2.9

7

826

1,941.0

1,941.0

31-Dec-95

97

105

Air Europa

382.8

21

1,601

613.4

613.4

6,848.0

4.32

77.5

31-Oct-95

98

91

Iran Air

375.7

25.8

(20.2)

-5.4

39

11,575

645.4

121.1

766.5

7,171.5

7.50

71.6

20-Mar-95

99

139

Air Liberte

374.1

2.4

0.7

13

1,200

31-Oct-95

100

102

American International Airlines

369.6

0.5

(2.6)

-0.7

54

2,007

1,047.6

1,047.6

31-Dec-95

TOTAL

272,868

15,497

5,730

2.1

9,745

1,510,015

201,990

98,577

300,566

2,178,887

1,158

 

Source: Airline Business