Airline Business 100 - 1997

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

96

95

Pax

Freight

Total

1

1

American Airlines

17,753.0

1,839.0

1,016.0

5.7

649

111,300

15,542.6

2,958.8

18,501.4

172,677.8

81.16

68.5

Dec-96

2

3

United Airlines

16,362.0

1,123.0

533.0

3.3

564

85,900

19,969.0

3,485.5

23,454.5

221,855.6

81.86

70.1

Dec-96

3

2

Japan Airlines

13,917.7

87.3

(213.5)

-1.5

130

19,000

6,873.8

4,198.2

11,071.2

77,228.6

30.19

70.4

Mar-97

4

4

Lufthansa

13,841.1

448.2

370.9

2.7

314

57,999

8,084.8

6,448.0

14,532.8

81,716.3

41.40

70.3

Dec-96

5

6

British Airways

13,247.2

1,066.6

876.4

6.6

256

58,210

9,065.4

3,663.9

12,729.3

102,304.0

33.33

73.2

Mar-97

6

5

Delta Air Lines

12,465.0

463.0

74.0

0.6

589

60,289

14,271.3

2,199.9

16,471.2

142,599.1

91.34

67.8

Jun-96

7

7

Federal Express

11,519.8

699.0

361.3

3.1

557

127,000

8,226.8

8,226.8

May-97

8

9

Northwest Airlines

9,880.5

1,053.8

536.1

5.4

399

47,536

9,942.5

3,565.9

13,508.4

110,460.9

52.70

73.1

Dec-96

9

8

All Nippon Airways

9,074.1

182.9

38.2

0.4

132

14,700

4,308.0

1,093.9

5,401.9

47,861.9

39.72

65.0

Mar-97

10

10

Air France Group

8,833.3

217.0

75.0

0.8

139

38,542

5,941.6

4,817.7

10,759.3

57,471.2

16.40

75.8

Mar-97

11

11

US Airways

8,142.0

437.0

263.4

3.2

501

42,300

5,726.1

436.8

6,162.9

63,116.4

56.64

68.5

Dec-96

12

13

Swissair

6,645.6

278.4

(402.2)

-6.1

62

14,135

2,307.3

1,634.9

3,942.2

23,573.4

9.10

64.6

Dec-96

13

14

Continental Airlines

6,360.0

525.0

319.0

5.0

433

38,700

5,798.4

474.4

6,272.8

67,452.2

38.33

68.1

Dec-96

14

12

KLM Royal Dutch Airlines

5,952.2

51.1

135.6

2.3

111

26,358

4,751.0

3,879.0

8,630.0

50,399.0

13.00

75.9

Mar-97

15

15

Qantas

5,765.7

304.5

187.2

3.2

141

29,627

5,173.3

1,750.7

6,924.0

54,627.0

17.49

71.9

Jun-96

16

16

SAS

5,252.1

547.4

270.9

5.2

161

23,607

1,754.6

668.5

2,423.1

19,487.0

19.83

63.6

Dec-96

17

17

Singapore Airlines

5,115.5

634.5

730.7

14.3

80

27,241

4,922.8

4,589.2

9,512.0

54,692.5

12.02

74.4

Mar-97

18

18

Alitalia

5,063.5

21.4

(779.5)

-15.4

126

16,850

3,478.0

1,493.1

4,971.1

34,556.2

23.14

68.9

Dec-96

19

19

Korean Air

4,340.9

27.1

(249.4)

-5.7

110

17,439

3,436.8

4,991.6

8,428.4

38,185.6

23.74

71.0

Dec-96

20

20

Cathay Pacific

4,186.6

490.0

492.5

11.8

62

15,757

3,892.0

3,180.0

7,072.0

40,185.0

10.99

72.6

Dec-96

21

21

Iberia Airlines

3,770.8

270.0

21.5

0.6

110

22,427

2,332.1

762.2

3,094.2

25,931.0

14.62

70.1

Dec-96

22

23

Air Canada

3,578.5

157.7

109.3

3.1

136

19,868

2,765.0

1,252.8

4,017.8

30,718.4

12.60

65.2

Dec-96

23

22

Trans World Airlines

3,554.4

(198.5)

(321.5)

-9.0

192

25,092

4,203.4

649.0

4,852.5

43,860.8

23.41

66.8

Dec-96

24

27

Southwest Airlines

3,406.2

350.8

207.3

6.1

243

22,944

3,980.5

130.2

4,110.7

43,876.9

55.49

66.6

Dec-96

25

26

Thai Airways International

3,097.3

374.0

134.8

4.4

73

22,136

2,674.7

1,265.7

3,940.4

29,226.3

14.31

69.4

Sep-96

26

25

Varig

2,963.0

(276.0)

(60.4)

-2.0

81

18,119

2,246.7

1,307.4

3,553.5

23,663.6

11.30

65.0

Dec-96

27

24

Japan Air System

2,832.6

2.9

1.6

0.1

77

5,927

1,028.5

158.8

1,187.3

15,009.8

18.22

60.8

Mar-97

28

29

LTU International Airways

2,673.9

28

5,254

1,893.6

129.0

2,022.6

21,040.2

6.90

78.7

Oct-96

29

34

Malaysia Airlines

2,594.4

139.7

133.2

5.1

93

15,766

2,278.3

1,419.5

3,697.8

27,903.7

15.37

69.6

Mar-97

30

32

Ansett Australia

2,545.2

(8.7)

3.8

0.2

87

17,977

1,143.0

106.9

1,249.8

12,699.9

11.69

72.2

Jun-96

31

31

Saudi Arabian Airlines

2,511.7

159.2

(96.9)

-3.9

114

24,843

1,833.3

887.4

2,720.7

20,370.0

12.25

62.0

Dec-96

32

35

Airborne Freight Corp

2,484.3

79.2

27.4

1.1

110

20,000

837.2

837.2

Dec-96

33

33

Canadian Airlines Int'l

2,270.0

(69.0)

(137.0)

-6.0

79

13,228

2,356.5

741.4

3,097.8

25,283.9

8.58

70.8

Dec-96

34

28

Air France Europe

2,147.3

139.9

(92.9)

-4.3

66

11,140

15.50

Mar-97

35

37

Air New Zealand

2,001.9

269.0

150.3

7.5

74

9,929

1,800.0

692.0

2,492.0

20,113.0

6.59

67.7

Jun-96

36

36

Sabena

1,958.3

(130.8)

(268.7)

-13.7

66

9,766

811.5

372.9

1,217.3

9,014.7

5.17

59.0

Dec-96

37

38

China Airlines

1,847.9

241.0

58.0

3.1

46

8,167

1,695.5

2,393.2

4,088.7

18,855.0

6.99

75.1

Dec-96

38

40

United Parcel Service

1,792.2

76.1

30.1

1.7

197

4,111

4,869.9

4,869.9

Dec-96

39

41

America West Airlines

1,739.5

68.7

8.5

0.5

101

11,000

2,236.9

152.7

2,389.6

24,513.6

18.18

70.9

Dec-96

40

43

Alaska Airlines

1,592.0

89.0

38.0

2.4

134

10,538

1,435.5

109.6

1,546.1

15,823.2

11.80

66.0

Dec-96

41

39

Finnair

1,576.5

69.4

68.7

4.4

55

10,593

997.0

257.0

1,254.0

10,998.0

6.28

69.0

Mar-97

42

54

Aeroflot RIA

1,463.4

39.0

24.3

1.7

113

14,368

1,317.0

539.7

1,856.7

14,633.2

3.81

60.9

Dec-96

43

52

China Southern Airlines

1,460.0

93.2

6.4

86

16,400

1,347.3

288.7

1,636.0

16,123.2

14.52

70.8

Dec-96

44

42

South African Airways

1,435.1

(36.1)

(89.4)

-6.2

53

10,479

1,505.4

241.1

1,746.5

14,062.8

5.00

65.0

Dec-96

45

47

Asiana Airlines

1,428.0

62.3

(60.1)

-4.2

45

6,177

1,142.3

1,471.0

2,613.3

12,691.0

9.99

70.4

Dec-96

46

53

EVA Air

1,280.0

98.1

17.1

1.3

28

5,663

1,455.0

1,932.0

3,387.0

16,167.0

4.23

73.6

Dec-96

47

51

Turkish Airlines

1,264.0

55.8

53.7

4.2

65

11,318

1,131.8

214.2

1,346.0

12,304.5

9.30

69.9

Dec-96

48

49

Austrian Airlines

1,227.8

(7.3)

19.8

1.6

31

4,072

623.4

135.3

758.1

6,590.3

3.52

61.6

Dec-96

49

45

Aer Lingus

1,224.5

66.8

51.2

4.2

29

6,855

485.7

102.1

587.8

5,571.2

4.77

74.2

Dec-96

50

46

El Al

1,194.8

(83.0)

-6.9

27

3,524

1,076.1

1,221.2

2,297.3

11,957.0

2.88

72.7

Dec-96

51

50

Vasp

1,165.8

61.0

151.5

13.0

41

6,430

700.4

251.6

952.0

7,759.3

4.00

51.5

Dec-96

52

48

TAP Air Portugal

1,123.5

(99.4)

(69.6)

-6.2

33

7,448

717.9

226.0

944.0

7,977.8

4.03

66.0

Dec-96

53

58

DHL Airways

1,085.4

30.8

27.5

2.5

100

9,100

553.4

553.4

Dec-96

54

55

Philippine Airlines

1,074.3

(39.3)

(85.3)

-7.9

48

13,688

1,420.4

370.8

1,791.2

14,487.8

7.20

67.7

Mar-96

55

56

Gulf Air

1,047.4

(64.6)

(87.5)

-8.4

36

5,788

1,026.4

423.2

1,466.0

11,037.0

5.01

66.7

Dec-96

56

59

Air-India

1,024.3

(66.1)

(81.3)

-7.9

28

18,591

1,073.2

546.0

1,619.2

11,783.8

2.85

65.1

Mar-96

57

60

Olympic Airways

991.5

51.3

46.6

4.7

59

8,625

801.0

119.0

920.0

8,533.0

6.39

65.4

Dec-96

58

61

British Midland

973.0

13.3

13.3

1.4

75

4,500

421.0

10.1

431.1

4,677.4

7.92

63.2

Dec-96

59

57

Aerolineas Argentinas

947.1

(63.9)

(66.0)

-7.0

31

5,184

1,009.0

171.9

1,180.9

10,367.9

4.09

66.3

Jun-96

60

69

Aeromexico

895.9

59.8

293.6

32.8

53

5,516

778.1

94.5

872.6

9,059.1

7.00

59.7

Dec-96

61

65

Emirates

886.3

63.7

30.4

3.4

16

4,270

870.0

591.0

1,461.0

9,109.6

3.00

71.1

Mar-97

62

63

China Eastern Airlines

878.0

173.4

72.5

8.3

66

9,012

761.8

328.6

1,090.4

8,609.5

6.50

65.5

Dec-96

63

64

Mexicana

869.1

94.0

163.9

18.9

46

5,825

729.3

61.5

790.8

8,706.0

6.63

62.8

Dec-96

64

66

Transbrasil

838.4

64.9

45.0

5.4

23

4,590

485.5

259.2

744.7

5,464.4

3.03

56.2

Dec-96

65

62

Pakistan Int'l Airlines

833.4

38.3

2.0

0.2

46

21,707

964.2

438.1

1,402.3

10,580.0

5.37

64.0

Jun-96

66

72

Hapag-Lloyd

797.5

102.6

48.0

6.0

25

1,660

Dec-96

67

73

Indian Airlines

737.4

46.8

(32.9)

-4.5

59

22,582

604.1

118.6

722.7

7,323.7

7.74

73.4

Mar-96

68

68

Martinair Holland

716.7

42.9

2.9

0.4

18

2,360

945.9

1,520.2

2,466.1

9,459.3

1.94

Dec-96

69

70

American Trans Air

716.1

(40.7)

(31.5)

-4.4

45

3,684

1,276.7

1,276.7

14,072.7

5.29

69.4

Dec-96

70

74

Braathens Safe

692.4

53.6

13.6

2.0

25

3,298

256.1

11.3

267.4

2,991.0

5.42

61.3

Dec-96

71

75

AOM French Airlines

633.4

(32.2)

(34.9)

-5.5

24

1,836

809.1

121.8

931.0

7,996.5

2.57

74.7

Dec-96

72

78

Kuwait Airways

629.6

(62.3)

(118.3)

-18.8

20

4,760

589.1

333.8

922.8

6,072.9

2.13

68.2

Jun-96

73

76

LanChile

622.7

42.6

38.3

6.2

22

3,546

431.9

529.8

961.7

4,798.9

1.91

62.5

Dec-96

74

77

Avianca

604.1

23.5

18.2

3.0

28

3,234

359.0

45.5

404.5

3,989.4

4.06

65.3

Dec-96

75

67

Virgin Atlantic

595.5

49.7

51.8

8.7

15

4,030

1,297.5

545.2

1,842.6

14,315.4

2.34

79.9

Apr-96

76

80

Monarch Airlines

580.8

47.4

15.5

2.7

20

2,382

1,006.5

10.8

1,017.3

11,996.6

4.55

91.0

Apr-97

77

87

Comair

563.8

116.1

75.4

13.4

94

2,897

219.4

219.4

2,437.7

4.71

55.9

Mar-97

78

79

Royal Air Maroc

541.6

16.7

3.1

27

4,958

356.2

58.1

414.3

4,665.4

2.30

64.7

Dec-96

79

85

Nippon Cargo Airlines

539.9

58.3

45.3

8.4

7

625

1,708.2

1,708.2

Mar-97

80

81

Tunisair

538.8

121.5

28.5

5.3

24

7,134

345.2

21.9

367.1

3,872.5

2.70

68.7

Dec-96

81

113

Airtours International

535.4

55.7

38.3

7.2

18

1,450

Sep-96

82

86

LOT Polish Airlines

529.7

41.6

(16.9)

-3.2

23

4,083

394.9

75.1

470.0

4,397.7

2.03

67.7

Dec-96

83

96

Air Europa

524.4

27

2,225

806.8

806.8

8,963.4

5.47

79.2

Oct-96

84

82

Aviaco

520.0

43.0

2.9

0.6

32

1,749

224.0

7.6

231.6

2,699.5

5.10

60.3

Dec-96

85

88

Mesa Air Group

500.3

48.0

30.4

6.1

183

4,000

195.4

195.4

2,171.4

6.46

56.3

Sep-96

86

91

TAM

491.9

83.5

55.6

11.3

42

2,144

166.2

15.7

181.9

1,922.3

3.13

50.6

Dec-96

87

94

Air UK

443.9

20.6

3.1

0.7

37

1,769

184.2

2.0

186.2

1,970.5

3.60

59.1

Dec-96

88

89

Aero Lloyd

441.9

6.8

2.4

0.5

15

969

554.0

554.0

6,156.0

2.99

76.0

Dec-96

89

92

Royal Jordanian Airlines

441.3

9.9

(38.2)

-8.7

16

5,438

436.1

312.7

756.0

4,845.7

1.34

65.8

Dec-96

90

90

Air 2000

428.4

55.2

23.9

5.6

17

1,199

976.0

1.3

977.3

10,989.8

4.75

90.6

Oct-96

91

84

Tower Air

417.8

(23.5)

(24.3)

-5.8

12

1,142

667.5

39.4

706.9

7,358.1

1.52

68.2

Dec-96

92

95

Cargolux

396.7

4.8

7.3

1.8

7

886

2,021.0

2,021.0

Dec-96

93

97

Iran Air

384.5

56.6

17.8

4.6

58

11,579

644.7

116.9

761.6

7,163.5

7.59

70.9

Mar-96

94

102

Hawaiian Airlines

384.5

1.9

(1.5)

-0.4

22

2,207

556.7

87.1

643.8

6,136.8

5.34

74.6

Dec-96

95

103

Spanair

375.9

5.2

0.9

0.2

19

1,628

480.1

5.6

485.7

5,335.0

3.40

69.7

Jan-96

96

104

Atlantic Southeast Airlines

375.3

85.2

56.6

15.1

80

2,450

126.6

126.6

1,406.9

3.63

49.1

Dec-96

97

101

Malev

372.0

(11.5)

2.3

0.6

27

3,339

248.6

35.7

284.3

2,761.9

1.86

60.9

Dec-96

98

100

Air Algerie

361.9

39

9,302

258.1

11.0

269.1

2,868.3

3.47

71.5

Dec-96

99

120

World Airways

356.4

(8.2)

(12.9)

-3.6

15

780

240.9

5.9

246.8

2,738.4

0.54

68.6

Dec-96

100

116

Lauda Air

350.0

16.3

6.7

1.9

19

1,241

409.4

65.6

475.0

4,407.2

1.22

70.3

Dec-96

TOTAL

281,409

13,957

5,425

1.9

10,017

1,519,011

210,860

100,669

311,585

2,295,889

1,210

70.2