| Top 100 airline groups ranked by revenues - 1999 | ||||||||||
| Ranking | Group/Airline | Country | Revenues | change | Op result | Net result | Period | Notes | ||
| 1999 | (1998) |
|
| $ million | (in local currency) | $ million | 1999 | 1998 | to end: |
|
| 1 | (1) | UAL/United Airlines | USA | 18,027 | 2.7% | 2,147.0 | 1,235.0 | 4.7% | Dec-99 | Net inc. $486m on Galileo/Equant stake etc. |
| 2 | (2) | AMR Corp/American Airlines | USA | 17,730 | 1.2% | 1,156.0 | 985.0 | 7.5% | Dec-99 | Sabre sale and Equanat Canadian stakes ad $248m to net |
| 3 | (3) | FedEx | USA | 16,773 | 5.7% | 1,163.1 | 613.3 | 3.2% | May-00 | Results for air transport segment only |
| 4 | (5) | Delta Air Lines | USA | 15,050 | 4.5% | 1,356.0 | 1,285.0 | 7.5% | Dec-99 | Net inc. $927m gain on pricline & $320m fleet writedown. |
| 5 | (4) | British Airways | UK | 14,387 | 0.5% | 135.2 | -16.1 | 2.3% | Mar-00 | Net inc. pre-tax $400m gain on share sales |
| 6 | (7) | Japan Airlines | Japan | 14,350 | 2.1% | 294.9 | 240.0 | 1.7% | Mar-00 |
|
| 7 | (6) | Lufthansa Group | Germany | 13,626 | 9.0% | 770.5 | 671.3 | 6.2% | Dec-99 | Net $190m gain on Amadeus stake. Divisional split for whole group. |
| 8 | (11) | ANA Group/All Nippon | Japan | 10,859 | 13.0% | 283.3 | -136.5 | -0.4% | Mar-00 |
|
| 9 | (9) | Northwest Airlines | USA | 10,276 | 13.6% | 714.0 | 300.0 | -3.2% | Dec-99 |
|
| 10 | (8) | Air France Group | France | 10,012 | 13.5% | 347.2 | 343.3 | 2.7% | Mar-00 | Net inc $157m share sale gain. |
| 11 | (13) | SAirGroup/Swissair | Switzerland | 8,684 | 15.1% | 427.7 | 181.6 | 3.2% | Dec-99 | Divisional split for whole group. |
| 12 | (12) | Continental Airlines | USA | 8,639 | 9.0% | 600.0 | 455.0 | 4.8% | Dec-99 | Net gain $184m on Amadeus stake |
| 13 | (10) | US Airways | USA | 8,595 | -1.1% | 136.0 | 197.0 | 6.1% | Dec-99 | Net gain $274m on Galileo stake |
| 14 | (14) | KLM Royal Dutch Airlines | Netherlands | 6,489 | 4.1% | 97.7 | 347.5 | 3.4% | Mar-00 | Net inc gains of $344m on share sales. |
| 15 | (15) | Qantas Airways | Australia | 5,294 | 3.9% | 778.4 | 263.8 | 3.7% | Jun-99 |
|
| 16 | (18) | Singapore Airlines | Singapore | 5,255 | 14.2% | 673.1 | 687.2 | 13.3% | Mar-00 |
|
| 17 | (17) | Alitalia | Italy | 5,119 | 4.0% | -112.3 | 6.5 | 4.6% | Dec-99 |
|
| 18 | (16) | SAS | Sweden | 5,021 | 1.4% | 201.0 | 223.3 | 7.0% | Dec-99 | Pre-tax result not net. |
| 19 | (20) | Southwest Airlines | USA | 4,735 | 13.7% | 1,030.0 | 474.4 | 10.4% | Dec-99 |
|
| 20 | (21) | Air Canada Corp | Canada | 4,386 | 9.7% | 338.9 | 143.5 | -0.3% | Dec-99 | Acquisition of Canadian Airlines post 1999 figures. |
| 21 | (19) | Iberia | Spain | 4,137 | -2.9% | 61.6 | 163.8 | 8.0% | Dec-99 |
|
| 22 | (23) | Korean Air | South Korea | 4,066 | 5.4% | 153.2 | 218.0 | 6.5% | Dec-99 |
|
| 23 | (22) | Cathay Pacific | China | 3,699 | 7.9% | 364.3 | 282.3 | -2.0% | Dec-99 |
|
| 24 | (27) | Japan Air System | Japan | 3,504 | 5.8% | 86.0 | 10.2 | 0.1% | Mar-00 |
|
| 25 | (24) | Trans World Airlines | USA | 3,309 | 1.5% | -133.1 | -353.4 | -3.7% | Dec-99 |
|
| 26 | (26) | Airborne Express (ABX Air) | USA | 3,140 | 2.1% | 160.0 | 91.2 | 4.5% | Dec-99 | Results for air transport segment only |
| 27 | (29) | Thai Airways Int'l | Thailand | 2,884 | 2.0% | 459.8 | 142.3 | 3.5% | Sep-99 |
|
| 28 | (28) | Cintra | Mexico | 2,729 | 4.4% | 180.7 | 115.6 | 1.8% | Dec-99 | Holding both Aeromexico and Mexicana |
| 29 | () | Saudi Arabian Airlines | Saudi Arabia | 2,600 |
|
|
|
| Dec-99 | Estimate, no figures available |
| 30 | (25) | Varig | Brazil | 2,464 | 22.7% | 70.0 | -52.5 | -0.7% | Dec-99 |
|
| 31 | (30) | Sabena | Belgium | 2,373 | 3.5% | 16.0 | -14.9 | 1.0% | Dec-99 | Majority now acquired by SAirGroup |
| 32 | (33) | America West Airlines | USA | 2,211 | 9.3% | 204.5 | 120.0 | 5.4% | Dec-99 |
|
| 33 | (31) | Ansett Holdings | Australia | 2,200 | 0.2% | 93.2 | 98.3 | 0.8% | Jun-99 | Now fully acquired by Air New Zealand |
| 34 | (32) | LTU Int'l Airways | Germany | 2,178 | 7.7% | 0.0 | 0.0 | 0.0% | Dec-99 | Majority now acquired by SAirGroup |
| 35 | (34) | United Parcel Service | USA | 2,153 | 7.8% | 116.9 | 0.0 | 0.4% | Dec-99 | Results for air transport segment only |
| 36 | (35) | Malaysia Airlines | Malaysia | 2,148 | 9.2% |
| -68.1 | -9.3% | Mar-00 |
|
| 37 | (36) | Alaska Air Group | USA | 2,082 | 9.7% | 199.9 | 134.2 | 6.6% | Dec-99 |
|
| 38 | (40) | China Airlines | Taiwan | 1,891 | 17.3% | 0.0 | 85.4 | -4.2% | Dec-99 |
|
| 39 | (41) | Virgin Atlantic | UK | 1,764 | 13.2% | 291.4 | 131.3 | 7.5% | Apr-99 |
|
| 40 | (43) | China Southern Airlines | China | 1,679 | 17.3% | 223.5 | 10.0 | -4.3% | Dec-99 |
|
| 41 | (38) | Austrian Airlines Group | Austria | 1,653 | 4.4% | 22.5 | 19.1 | 0.9% | Dec-99 |
|
| 42 | (47) | South African Airways | South Africa | 1,590 | 27.9% | 90.4 | 70.0 | 0.1% | Mar-00 |
|
| 43 | (39) | Finnair | Finland | 1,589 | 7.7% | 48.3 | 57.9 | 3.8% | Mar-00 |
|
| 44 | (37) | Air New Zealand | New Zealand | 1,558 | 8.8% | 212.1 | 113.2 | 4.7% | Jun-99 | Majority acquired in Ansett |
| 45 | (53) | Asiana Airlines | South Korea | 1,502 | 16.1% | 224.9 | 92.3 | -9.7% | Dec-99 |
|
| 46 | (49) | EVA Air | Taiwan | 1,494 | 12.0% |
| 35.7 | 0.2% | Dec-99 | Preliminary figures |
| 47 | (51) | Emirates Group | UAE | 1,472 | 15.5% | 171.0 | 122.0 | 9.2% | Mar-00 | Includes DNATA business |
| 48 | (44) | Air China | China | 1,400 | 1.0% |
|
|
| Dec-99 | Estimate, no figures available |
| 49 | (46) | DHL Airways | USA | 1,370 | 1.6% | 36.8 | 31.8 | -3.8% | Dec-99 | Results for air transport segment only |
| 50 | (50) | Aer Lingus | Ireland | 1,300 | 1.3% |
|
| 6.0% | Dec-99 | Estimate - Financial results not available pre-IPO |
| 51 | (45) | THY Turkish Airlines | Turkey | 1,288 | 52.7% | -256.7 | -160.5 | 1.5% | Dec-99 |
|
| 52 | (54) | LanChile | Chile | 1,237 | 14.2% | 50.8 | 47.6 | 2.9% | Dec-99 |
|
| 53 | (58) | China Eastern Airlines | China | 1,227 | 24.3% | 0.0 | 18.2 | -5.9% | Dec-99 |
|
| 54 | (52) | El Al | Israel | 1,180 | -5.3% |
| 10.0 | 1.8% | Dec-99 | Estimate |
| 55 | (48) | TAP Air Portugal | Portugal | 1,149 | -6.7% | -70.6 | -105.9 | 0.7% | Dec-99 |
|
| 56 | (68) | Aeroflot | Russia | 1,132 | 57.2% | 1.6 | 4.5 | 2.3% | Dec-99 | Additional data from IATA WATS |
| 57 | (62) | Amtran | USA | 1,122 | 22.0% | 90.0 | 47.3 | 4.4% | Dec-99 | Includes American Trans Air |
| 58 | (57) | Garuda Indonesia | Indonesia | 1,115 | -14.2% | 37.2 | 64.8 | -22.0% | Dec-99 |
|
| 59 | (60) | Aerolineas Argentinas | Argentina | 1,092 | 15.1% |
| -281.0 | -6.9% | Dec-99 | Source El Pais |
| 60 | () | Egyptair | Egypt | 1,000 |
|
|
|
| Jun-99 | Estimate |
| 61 | (61) | British Midland Airways | UK | 992 | 11.2% | 0.0 | 22.2 | 2.0% | Dec-99 | Net profit figure is pre-tax |
| 62 | (66) | Emery Worldwide | USA | 958 | 25.1% | 13.5 | -10.5 | 4.1% | Dec-99 | Results for air transport segment only |
| 63 | (55) | Air-India | India | 957 | 4.6% | -33.4 | 41.6 | -4.7% | Mar-99 |
|
| 64 | (59) | Gulf Air | Bahrain | 956 | -1.2% | -14.3 | 1.1 | 0.5% | Dec-99 |
|
| 65 | (63) | Olympic Airways | Greece | 910 | -0.3% | 0.0 | -46.9 | 0.6% | Dec-99 | Estimated figures supplied by Olympic |
| 66 | (65) | AOM French Airlines | France | 900 | 15.6% | 93.4 | 21.6 | 2.0% | Dec-99 |
|
| 67 | (64) | Braathens | Norway | 854 | 4.4% | -92.3 | -78.5 | -0.4% | Dec-99 |
|
| 68 | (56) | Indian Airlines | India | 816 | -9.2% | 70.1 | 3.4 | 1.3% | Mar-99 |
|
| 69 | (42) | Vasp Brazilian Airlines | Brazil | 786 | -18.3% | 37.4 | -51.1 | -10.6% | Dec-99 | Additional data from IATA WATS |
| 70 | (81) | Air 2000 | UK | 772 | 49.5% | 0.0 | 0.0 | 4.0% | Oct-99 |
|
| 71 | (69) | Martinair Holland | Netherlands | 730 | 4.8% | 34.9 | 13.3 | 3.5% | Dec-99 |
|
| 72 | (67) | Iran Air | Iran | 708 | -4.6% |
|
| 3.3% | Mar-00 | Estimate |
| 73 | () | Pakistan Int'l Airlines | Pakistan | 697 |
| -27.6 | -39.1 |
| Dec-99 | Year-end moved from June giving 18months for 1998. |
| 74 | (82) | Philippine Airlines | Philippines | 690 | 36.1% | 148.3 | 1.1 | -65.7% | Mar-00 | Emerged from bankruptcy during year. Gross not op profit. |
| 75 | (71) | LOT Polish Airlines | Poland | 669 | 9.2% | 0.9 | 0.9 | 0.1% | Dec-99 |
|
| 76 | (73) | Cargolux | Luxembourg | 644 | 11.4% | 10.0 | 30.2 | 15.9% | Dec-99 |
|
| 77 | () | TAM Holding | Brazil | 637 |
|
| -71.5 |
| Dec-99 | Group revenue estimate based on first nine months |
| 78 | (75) | Royal Air Maroc | Morocco | 594 | 4.1% | 38.2 | 16.6 | 6.4% | Dec-99 |
|
| 79 | (80) | TACA Int'l Airlines | El Salvador | 590 | 9.5% |
|
|
| Dec-99 | Additional data source AvNews |
| 80 | (79) | China Southwest Airlines | China | 583 | 6.6% | 146.1 | -15.3 | -2.4% | Dec-99 |
|
| 81 | (77) | Air Europa | Spain | 576 | 9.0% | 2.8 | 2.0 | 0.6% | Oct-99 |
|
| 82 | (83) | Spanair | Spain | 575 | 16.9% | 0.0 | 0.0 | 1.1% | Oct-99 |
|
| 83 | (78) | Monarch Airlines | UK | 572 | 4.1% | 0.0 | 24.9 | 3.0% | Apr-00 | Unaudited |
| 84 | (72) | Avianca | Colombia | 556 | 16.3% | -5.0 | -70.8 | -0.8% | Dec-99 |
|
| 85 | (70) | Kuwait Airways | Kuwait | 548 | -15.6% | -30.0 | -30.0 | -14.2% | Jun-99 |
|
| 86 | (85) | AirTran Airways | USA | 523 | 19.2% | 29.1 | -99.4 | -9.3% | Dec-99 |
|
| 87 | (99) | Canada 3000 Airlines | Canada | 515 | 45.5% | 14.3 | 6.5 | -1.8% | Apr-99 |
|
| 88 | (76) | Tunisair | Tunisia | 505 | -10.2% | 11.5 | 7.3 | 3.6% | Dec-99 |
|
| 89 | (84) | Maersk Air | Denmark | 501 | 8.6% |
| 16.0 | 4.2% | Dec-99 |
|
| 90 | (86) | Hawaiian Airlines | USA | 489 | 14.7% | -40.5 | -29.3 | 1.9% | Dec-99 |
|
| 91 | (106) | Vietnam Airlines | Vietnam | 485 | 68.4% | 0.0 | 0.0 | 0.1% | Dec-99 |
|
| 92 | (93) | SkyWest Airlines | USA | 475 | 22.2% | 86.7 | 57.1 | 10.8% | Mar-00 |
|
| 93 | (88) | Atlas Air | USA | 471 | 11.5% | 135.9 | 44.0 | 10.9% | Dec-99 |
|
| 94 | (92) | Midwest Express | USA | 448 | 15.1% | 60.8 | 38.8 | 9.2% | Dec-99 | Unaudited |
| 95 | (91) | Lauda Air | Austria | 426 | 16.3% | 0.0 | -6.5 | 1.0% | Oct-99 | Part owned by Austrian Airlines group |
| 96 | (74) | Transbrasil | Brazil | 423 | 9.7% | -165.5 | -48.6 | 28.8% | Dec-99 |
|
| 97 | (90) | Icelandair | Iceland | 417 | 8.7% | 5.4 | 20.8 | 0.5% | Dec-99 |
|
| 98 | (100) | Mesaba Airlines | USA | 406 | 22.4% | 46.8 | 31.1 | 6.4% | Mar-00 |
|
| 99 | (87) | Mesa Air Group | USA | 405 | -18.2% | 2.1 | -13.4 | -12.6% | Sep-99 | Results after CCAir acquisition |
| 100 | (89) | Eurowings | Germany | 399 | 3.3% | 25.5 | 4.4 | 0.7% | Dec-99 |
|
Source: Airline Business
