Top 100 airline groups ranked by revenues - 2000

Ranking

Group/Airline

Country

Revenues

Op result

Net result

Period

Notes

1999

(1998)

$ million

change

$ million

1999

to end:

Rank

Last Year

Airline

Country

Revenue This year

Chg (Local)

Op Result This Year

Net This Year

Period End

Notes

1

(2)

AMR Corp/American Airlines

USA

19,703

11.1%

1,381.0

813.0

Dec-00

AMR Corporation result

2

(1)

UAL/United Airlines

USA

19,352

7.3%

654.0

50.0

Dec-00

UAL Corporation

3

(4)

Delta Air Lines

USA

16,741

12.5%

1,637.0

828.0

Dec-00

Includes ASA (since 1/4/99) and Comair (since 22/11/99)

4

(3)

FedEx Express

USA

15,534

3.1%

847.0

May-01

Fedex Express only not group

5

(5)

Japan Airlines

Japan

15,372

6.6%

709.5

370.1

Mar-01

Consolidated group results

6

(7)

Lufthansa Group

Germany

14,014

18.8%

1,366.3

635.2

Dec-00

7

(6)

British Airways

UK

13,700

3.8%

561.0

189.0

Mar-01

8

(8)

ANA Group/All Nippon

Japan

11,545

5.8%

742.0

363.5

Mar-01

Consolidated group results

9

(9)

Northwest Airlines

USA

11,415

11.1%

569.0

256.0

Dec-00

Includes Express Airlines I

10

(10)

Air France

France

11,148

18.9%

402.0

382.0

Mar-01

11

(12)

Continental Airlines

USA

9,899

14.6%

684.0

342.0

Dec-00

12

(11)

Swissair Group

Switzerland

9,616

24.8%

-1,535.8

-1,709.4

Dec-00

Renamed from SAirGroup in 2001

13

(13)

US Airways

USA

9,181

8.5%

-44.0

-255.0

Dec-00

Including Shuttle

14

(14)

KLM Royal Dutch Airlines

Netherlands

6,319

10.5%

251.5

69.9

Mar-01

15

(20)

Air Canada Corp

Canada

6,254

44.1%

177.9

-55.2

Dec-00

Includes Canadian Airlines from 1 July 2000

16

(17)

Singapore Airlines

Singapore

5,728

11.8%

775.3

913.7

Mar-01

Includes profit on sale of engineering arm

17

(15)

Qantas Airways

Australia

5,710

7.8%

511.8

324.7

Jun-00

18

(19)

Southwest Airlines

USA

5,650

19.3%

1,021.1

625.0

Dec-00

19

(16)

SAS Group

Sweden

5,185

8.7%

406.0

269.6

Dec-00

Pre-tax result rather than net.

20

(18)

Alitalia Group

Italy

4,968

12.0%

-241.6

-235.6

Dec-00

21

(22)

Korean Air

South Korea

4,916

15.0%

20.0

-409.2

Dec-00

22

(23)

Cathay Pacific

China (People's Republic of)

4,431

20.3%

678.8

642.3

Dec-00

23

(21)

Iberia Group

Spain

4,136

15.5%

60.6

187.9

Dec-00

Iberia Group including S.American subsidiaries

24

(24)

Japan Air System

Japan

3,775

7.2%

160.1

20.2

Mar-01

25

(25)

TWA Airlines

USA

3,585

8.3%

-232.7

-266.7

Dec-00

26

(26)

Airborne Express

USA

3,276

4.3%

42.6

28.5

Dec-00

27

(27)

Cintra

Mexico

3,251

8.3%

124.5

78.9

Dec-00

Includes Aeromexico and Mexicana

28

(28)

Thai Airways International

Thailand

3,111

12.8%

378.5

120.8

Sep-00

29

(29)

Saudi Arabian Airlines

Saudi Arabia

3,000

0.0

0.0

Dec-00

Estimate

30

(31)

Varig

Brazil

2,909

19.7%

124.4

-97.6

Dec-00

31

(35)

UPS

USA

2,530

17.5%

115.7

37.2

Dec-00

Sourced from US DOT

32

(30)

Sabena Group

Belgium

2,485

13.7%

-150.3

-297.8

Dec-00

Cargo is handled by Swissair shareholder

33

(36)

Malaysia Airlines

Malaysia

2,357

9.7%

-270.5

-351.0

Mar-01

34

(32)

America West Airlines

USA

2,344

6.0%

-12.6

7.7

Dec-00

Group result includes leisure business

35

(39)

China Airlines

Taiwan, Republic of China

2,304

17.9%

321.7

94.2

Dec-00

36

(38)

Virgin Group

UK

2,245

19.7%

67.2

Apr-01

Pre-tax

37

(37)

Alaska Air Group

USA

2,177

4.6%

-20.6

-70.3

Dec-00

38

(34)

LTU Group

Germany

2,056

9.0%

-206.5

Dec-00

LTU is controlled by Swissair

39

(45)

Emirates Group

United Arab Emirates

1,885

24.0%

202.8

144.7

Mar-01

Including Dnata

40

(40)

Air New Zealand Group

New Zealand

1,870

10.9%

118.4

93.5

Jun-00

Excludes one time charge of USD 395 million as a result of applying GAAP.

41

(46)

Asiana Airlines

South Korea

1,855

17.5%

150.5

-93.4

Dec-00

42

(43)

China Southern Airlines

China (People's Republic of)

1,833

14.1%

142.8

60.6

Dec-00

43

(42)

Austrian Airlines

Austria

1,814

27.8%

77.3

49.0

Dec-00

According to IAS, and consolidating Lauda Air from November 2000

44

(47)

EVA Air

Taiwan, Republic of China

1,751

13.4%

159.2

80.6

Dec-00

45

(33)

Ansett Holdings

Australia

1,737

-21.1%

69.0

Jun-00

From FY2000/2001 Anset Holdings is included in the Air New Zealand Group

46

(44)

South African Airways

South Africa

1,700

6.9%

Mar-01

Estimate - SAA has not yet published results for 2000

47

(48)

Air China

China (People's Republic of)

1,668

18.7%

Dec-00

48

(41)

Finnair

Finland

1,601

6.0%

102.1

100.4

Dec-00

Finnair Group - Change in reporting year

49

(50)

THY Turkish Airlines

Turkey

1,534

77.2%

-203.8

-102.3

Dec-00

50

(49)

DHL Airways

USA

1,497

9.3%

-70.8

-67.0

Dec-00

51

(52)

LanChile

Chile

1,425

15.2%

48.4

38.7

Dec-00

52

(55)

Aeroflot

Russia

1,373

17.8%

-10.0

8.6

Dec-00

IAS Standard

53

(53)

China Eastern Airlines

China (People's Republic of)

1,355

10.4%

94.0

21.2

Dec-00

54

(56)

Amtran

USA

1,292

15.1%

2.6

-15.7

Dec-00

55

(51)

Aer Lingus

Ireland, Republic of

1,267

13.6%

73.7

66.0

Dec-00

56

(54)

El Al

Israel

1,200

1.7%

-80.0

-109.0

Dec-00

Estimate - El Al has not yet published results for 2000

57

(66)

AOM French Airlines

France

1,198

-76.5%

-304.2

Dec-00

Including Air Liberte and Air Littoral

58

(59)

Air-India

India

1,138

11.3%

-11.4

Mar-01

59

(57)

Garuda Indonesia

Indonesia

1,106

6.5%

9.3

6.3

Dec-00

60

(58)

AerolÌneas Argentinas

Argentina

1,100

0.7%

-300.0

Dec-00

Estimate

61

(61)

bmi british midland

UK

1,091

14.0%

71.1

11.8

Dec-00

62

(60)

TAP Air Portugal

Portugal

1,049

14.2%

-56.9

-112.5

Dec-00

63

(63)

Emery Worldwide

USA

1,013

5.7%

1.4

-13.0

Dec-00

64

(64)

Gulf Air

Bahrain

1,001

4.7%

-105.0

-98.1

Dec-00

65

(62)

Egyptair

Egypt

1,000

0.0%

35.0

Jun-00

Revenues estimated

66

(85)

Kuwait Airways

Kuwait

875

59.6%

77.2

61.8

Jun-00

Kuwait Airways gained $795m in insurance compensation for damage inflicted to its property during the Gulf War. Before this payment, Kuwait Airways had expected to make losses of $30m on projected turnover of $548m.

67

(65)

Olympic Airways

Greece

850

-6.6%

-50.0

Dec-00

Revenues estimated

68

(73)

Philippine Airlines

Philippines

844

43.3%

124.0

9.5

Mar-01

69

(68)

Indian Airlines

India

824

5.9%

-5.4

-38.8

Mar-01

70

(70)

Martinair

Netherlands

812

21.1%

-65.7

-38.6

Dec-00

71

(75)

Atlas Air

USA

791

24.1%

232.7

85.3

Dec-00

72

(67)

Braathens

Norway

766

1.2%

30.9

15.1

Dec-00

73

(74)

Cargolux

Luxembourg

739

14.8%

94.0

32.0

Dec-00

74

(72)

Pakistan Int'l Airlines

Pakistan

700

0.5%

Dec-00

Estimate

75

(87)

Canada 3000 Airlines

Canada

641

27.9%

20.8

12.0

Apr-01

Pre-merger with Royal and CanJet

76

(81)

Air Europa

Spain

636

22.1%

1.0

1.6

Oct-00

77

(79)

Spanair

Spain

630

22.2%

-24.1

1.5

Oct-00

78

(76)

TAM Holding

Brazil

627

-0.3%

95.7

22.7

Dec-00

Source: DAC

79

(88)

AirTran Airways

USA

624

23.9%

81.2

47.4

Dec-00

80

(77)

Royal Air Maroc

Morocco

611

6.2%

-16.0

-5.0

Oct-00

81

(90)

Hawaiian Airlines

USA

607

24.2%

-13.8

-18.6

Dec-00

82

(78)

TACA International Airlines

El Salvador

600

1.7%

Dec-00

Estimate

83

(80)

China Southwest Airlines

China (People's Republic of)

590

1.3%

Dec-00

Estimate

84

(84)

Monarch Airlines

UK

580

7.8%

22.5

17.5

Apr-00

85

(83)

Avianca

Colombia

564

1.5%

-109.3

-94.3

Dec-00

Source: IATA WATS

86

(82)

LOT Polish Airlines

Poland

560

8.7%

-72.5

6.5

Dec-00

87

(69)

VASP Brazilian Airlines

Brazil

559

-27.3%

61.6

62.5

Dec-00

Source: DAC

88

(92)

Jet Airways

India

554

26.1%

Mar-01

89

(96)

Dragonair

China (People's Republic of)

532

27.6%

81.8

69.2

Dec-00

Source: UBS Warburg

90

(91)

SkyWest Airlines

USA

531

11.9%

78.9

57.1

Mar-01

Cargo rev includes other

91

(86)

Tunisair

Tunisia

530

21.7%

-72.7

-24.8

Dec-00

92

(103)

Air Transat

Canada

493

27.0%

Oct-00

Airline only

93

(93)

Midwest Express

USA

480

7.3%

6.9

0.5

Dec-00

All financial results are for Midwest Express Holdings

94

(104)

Volare Group

Italy

478

46.9%

Dec-00

95

(114)

Frontier Airlines

USA

473

43.4%

80.7

54.9

Mar-01

96

(99)

Mesa Air Group

USA

472

16.6%

41.8

58.9

Sep-00

97

(108)

Atlantic Coast Airlines

USA

453

30.3%

24.1

15.2

Dec-00

Results for Atlantic Coast Airlines Holdings, Inc

98

(106)

Ryanair

Ireland, Republic of

442

31.7%

103.6

94.9

Mar-01

99

(98)

Mesaba Airlines

USA

440

8.3%

29.3

19.8

Mar-01

100

(102)

CSA Czech Airlines

Czech Republic

437

24.1%

50.7

29.5

Dec-00

According to IAS

Source: Airline Business