The largest airlines in the world can be measured in several ways. As of 2024 [update] , United Airlines was the largest in terms of available seat miles (ASM), [1] revenue seat miles (RPM), [2] mainline fleet size, [3] the number of both mainline employees [4] and destinations served; [5] Delta Air Lines was the most valuable by revenue, assets, market capitalization, and brand value; [6] American Airlines Group carries the most passengers and has the most employees when American Eagle is included; FedEx Express carries the most freight in tonne-kilometers; Southwest Airlines has the greatest number of routes; and Turkish Airlines serves the most countries. [7]
| 2024 Rank | Airline Group | Country | Revenue | Net Income | Assets | Market Cap | Employees |
|---|---|---|---|---|---|---|---|
| (US$ billions) | |||||||
| 1 | Delta Air Lines | 61.6 | 3.5 | 75.3 | 39 | 103,000 [8] | |
| 2 | United Airlines | 57.1 | 3.1 | 74.1 | 32 | 107,300 [4] | |
| 3 | American Airlines Group | 54.2 | 1.3 | 68.8 | 11 | 133,300 [9] | |
| 4 | Lufthansa Group | 40.4 | 1.5 | 51.1 | 9 | 98,739 | |
| 5 | Air France–KLM | 36.2 | 0.69 | 37.5 | 2.4 | 76,566 [10] | |
| 6 | International Airlines Group | 34.2 | 2.9 | 41.6 | 21 | 71,794 | |
| 7 | Southwest Airlines | 27.5 | 0.47 | 33.8 | 17 | 72,450 [11] | |
| 8 | China Southern Airlines | 24.5 | –0.59 | 43.7 | 13 | 97,899 | |
| 9 | Air China | 23.0 | 1.6 | 22.0 | 17 | 87,190 | |
| 10 | Turkish Airlines | 22.5 | 6.8 | 35.6 | 12 | 57,991 | |
Note that Emirates is a state-owned company, and is thus not included in this list of public companies. Its 2024 revenue was estimated to be around $37.4B or 5th place. Qatar Airways Group is similarly privately held with its 2024 revenue of around $22.2B or 10th place (with Emirates included).
| 2025 Rank [12] | Airline | Country | $bn | Year-to-year change |
|---|---|---|---|---|
| 1 | Delta Air Lines | 14.9 | +38.3% | |
| 2 | United Airlines | 12.3 | +41.8% | |
| 3 | American Airlines | 11.7 | +14.2% | |
| 4 | Emirates | 8.4 | +27.1% | |
| 5 | Southwest Airlines | 6.3 | +16.8% | |
| 6 | British Airways | 4.6 | +44.9% | |
| 7 | China Southern Airlines | 4.1 | +48.2% | |
| 8 | Qatar Airways | 3.9 | +24.3% | |
| 9 | Air Canada | 3.2 | +14.1% | |
| 10 | China Eastern Airlines | 3.2 | +26.0% |
Numbers are listed in billions of available seat miles.
| Rank | Airline | Country | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | Ref |
|---|---|---|---|---|---|---|---|---|---|
| 1 | United Airlines | 311 | 291 | 248 | 179 | 123 | 285 | [4] | |
| 2 | American Airlines | 293 | 278 | 260 | 215 | 143 | 285 | [13] | |
| 3 | Delta Air Lines | 288 | 272 | 233 | 194 | 134 | 275 | [8] | |
| 4 | Emirates | 222 | 230 | 177 | 99 | 40 | 228 | [14] | |
| 5 | Southwest Airlines | 178 | 170 | 148 | 132 | 103 | 157 | [15] | |
| 6 | Qatar Airways | 159 | 157 | 131 | 100 | 58 | 149 | [16] | |
| 7 | Ryanair | 159 | 152 | 138 | 91 | 30 | 118 | [17] | |
| 8 | China Southern Airlines | 151 | 197 | 96 | 133 | 134 | 214 | [18] | |
| 9 | Turkish Airlines | 145 | 146 | 124 | 80 | 47 | 117 | [19] | |
| 10 | China Eastern Airlines | 138 | 114 | 60 | 100 | 95 | 168 | [20] | |
Numbers are listed in billions of ASKs.
| Rank | Airline Group | Country | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|
| 1 | American Airlines Group | 347 | 259 | 147 | 388 | |
| 2 | United Airlines Holdings | 332 | 207 | 118 | 385 | |
| 3 | Delta Air Lines Group | 314 | 216 | 118 | 382 | |
| 4 | Air France–KLM | 237 | 116 | 81 | 275 | |
| 5 | Emirates | 225 | 93 #11 | 78 | 298 | |
| 6 | International Airlines Group | 215 | 78 #15 | 72 | 285 | |
| 7 | Lufthansa Group | 207 | 89 #13 | 69 | 296 | |
| 8 | Southwest Airlines | 199 | 166 | 87 | 211 #11 | |
| 9 | Turkish Airlines | 162 | 86 #14 | 153 #15 | ||
| 10 | Qatar Airways | 154 | 172 #13 | |||
| Sources | [21] | [22] [23] | [24] | [25] | ||
| Rank | Airline Group | Country | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
| 1 | American Airlines Group | 225 | 211 | 199 | 124 | 95 | 215 | 203 | |
| 2 | Delta Air Lines | 200 | 190 | 175 | 123 | 80 | 204 | 192 | |
| 3 | Ryanair | 183.7 | 182 | 168 | 97 | 52 | 148 | 142 | |
| 4 | United Airlines Holdings | 174 | 165 | 144 | 73 | 57 | 162 | 158 | |
| 5 | Southwest Airlines | 140 | 137 | 157 | 123 | 67 | 162 | 163 | |
| 6 | Lufthansa Group | 131 | 123 | 101 | 24 | 36 | 145 | 142 | |
| 7 | International Airlines Group | 122 | 115 | 95 | 31 #12 | 118 | 112 | ||
| 8 | IndiGo | 118.6 | 105 | 75 | 48 | 35 #11 | 61 #16 | ||
| 9 | Air France–KLM | 98 | 118 | 83 | 28 #14 | 85 #12 | |||
| 10 | Turkish Airlines | 83.4 | 83 | 72 | 45 | 28 #17= | 75 #14 | ||
| Sources | [21] | [26] | [24] | [27] | [28] | ||||
| Rank [29] | Airline | Country | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
| 1 | FedEx Express | 18,133 | 17,923 | 19,547 | 20,660 | 19,656 | 17,503 | 17,499 | |
| 2 | Qatar Airways Cargo | 15,211 | 14,406 | 14,267 | 16,102 | 13,740 | 13,024 | 12,695 | |
| 3 | UPS Airlines | 15,094 | 14,239 | 15,889 | 15,529 | 14,371 | 12,842 | 12,459 | |
| 4 | Emirates SkyCargo | 12,354 | 10,636 | 10,153 | 11,842 | 9,569 | 12,052 | 12,713 | |
| 5 | Atlas Air | 11,942 | 8,915 | 8,675 | 8,441 | 5,458 #12 | 4,522 #16 | 4,553 #16 | |
| 6 | Turkish Cargo | 10,240 | 8,325 | 8,318 | 9,223 | 6,977 | 7,029 | 5,890 | |
| 7 | Korean Air Cargo | 8,728 | 8,411 | 9,518 | 10,429 | 8,104 | 7,412 | 7,839 | |
| 8 | China Southern Airlines Cargo | 8,653 | 7,610 | 6,915 | 8,078 | 6,591 | 6,825 | 6,597 | |
| 9 | Cathay Cargo | 8,503 | 8,099 | 5,774 #13 | 8,215 | 8,137 | 10,930 | 11,284 | |
| 10 | Cargolux | 8,263 | 6,807 | 7,971 | 8,587 | 7,345 | 7,180 | 7,322 | |
| Rank | Airline | Country | No. | Ref. |
|---|---|---|---|---|
| 1 | United Airlines | 1,050 | [30] | |
| 2 | American Airlines | 1,001 | [8] | |
| 3 | Delta Air Lines | 992 | [31] | |
| 4 | China Southern Airlines | 850 | [32] | |
| 5 | Southwest Airlines | 810 | [15] | |
| 6 | China Eastern Airlines | 664 | [33] | |
| 7 | Ryanair | 639 | [34] | |
| 8 | SkyWest Airlines | 579 | [35] | |
| 9 | Air China | 510 | [36] | |
| 10 | Turkish Airlines | 506 | [37] |
| Rank | Holding company | No. | Value ($bn) |
|---|---|---|---|
| 1 | United Airlines Holdings | 1,026 | 17.9 |
| 2 | Delta Air Lines, Inc. | 1,007 | 15.8 |
| 3 | Air China Group | 907 | 19.0 |
| 4 | American Airlines Group | 746 | 16.7 |
| 5 | Lufthansa Group | 721 | 11.7 |
| 6 | Southwest Airlines | 697 | 15.9 |
| 7 | China Southern Airlines | 663 | 17.3 |
| 8 | China Eastern Airlines | 652 | 18.5 |
| 9 | Ryanair Holdings | 607 | 15.3 |
| 10 | Air France-KLM Group | 572 | 10.7 |
| 11 | IAG | 570 | 10.4 |
| 12 | SkyWest, Inc. | 520 | 4.5 |
| Rank | Airline | Country | No. |
|---|---|---|---|
| 1 | United Airlines | 387 [38] | |
| 2 | American Airlines | 356 | |
| 3 | Delta Air Lines | 311 | |
| 4 | Turkish Airlines | 292 | |
| 5 | Ryanair | 239 | |
| 6 | China Southern Airlines | 235 | |
| 7 | China Eastern Airlines | 224 | |
| 8 | Lufthansa | 214 | |
| 9 | British Airways | 213 | |
| 10 | Air France | 196 | |
| Rank | Airline | Country | No. | Ref. |
|---|---|---|---|---|
| 1 | Turkish Airlines | 124 | [39] | |
| 2 | Qatar Airways | 92 | [40] | |
| 3 | Ethiopian Airlines | 87 | [41] | |
| 4 | Air France | 86 | [42] | |
| 5 | Emirates | 80 | [43] | |
| 6 | British Airways | 77 | [44] | |
| 7 | United Airlines | 76 | [45] | |
| 8 | Lufthansa | 75 | [46] | |
| 9 | KLM | 66 | [47] | |
| 10 | American Airlines | 61 | [48] |
| Rank [49] | Airline | Country | No. |
|---|---|---|---|
| 1 | American Airlines | 5,946 | |
| 2 | Delta Air Lines | 4,343 | |
| 3 | United Airlines | 4,167 | |
| 4 | Southwest Airlines | 3,592 | |
| 5 | Ryanair | 2,584 | |
| 6 | China Eastern Airlines | 2,506 | |
| 7 | IndiGo | 2,244 | |
| 8 | China Southern Airlines | 2,125 | |
| 9 | Air China | 1,659 | |
| 10 | easyJet | 1,298 |
| Rank | Airline | Country | No. | Ref. |
|---|---|---|---|---|
| 1 | Southwest Airlines | 2,898 | [50] | |
| 2 | Ryanair | 2,596 | [51] | |
| 3 | American Airlines | 1,250 | [52] | |
| 4 | United Airlines | 1,185 | [38] | |
| 5 | Delta Air Lines | 1,128 | [53] | |
| 6 | China Eastern Airlines | 1,047 | [54] | |
| 7 | China Southern Airlines | 841 | [55] | |
| 8 | Air China | 646 | [56] | |
| 9 | IndiGo | 610 | ||
| 10 | Turkish Airlines | 368 | [57] |