Top 5 Most Profitable Airlines in the World

5. Singapore Airlines

Total net profit / (loss) (in millions): $995

Ranked among the best airlines in the world for several years, Singapore Airlines recently appointed its first ever female CFO. Recently, the company gave its employee a bonus worth 8 salaries after amazing results in the latest financial year, and appreciation of the employees which made it possible.

4. Delta Air Lines, Inc. (NASDAQ:DAL)

Total net profit / (loss) (in millions): $1,318

The most profitable airline in America, Delta Air Lines, Inc. (NASDAQ:DAL) has seen its profits steadily improve and regain profitability in 2023. According to Seeking Alpha, Delta Air Lines, Inc. (NASDAQ:DAL) is likely to see its share price improve based on its current low valuation and strong growth being displayed right now.

3. International Airlines Group

Total net profit / (loss) (in millions): $1,350

International Airlines Group is a British-Spanish company which owns two of the biggest European airlines in Iberian Airlines and British Airways, not to mention additional smaller airlines including BMI, Vueling and Aer Lingus.

2. Ryanair Holdings plc (NASDAQ:RYAAY)

Total net profit / (loss) (in millions): $1,477

Ryanair Holdings plc (NASDAQ:RYAAY) is well-known for focusing more on volume rather than value, selling dirt-cheap seats in small planes with every basic amenity being a value-added option that requires extra payment. The ultra-low cost carrier is regularly rated among the worst airlines in the world, but considering its prices, it always has a huge number of customers.

1. Qatar Airways

Total net profit / (loss) (in millions): $1,514

The airline considered to be the best in the world also tops the list of the top 20 most profitable airlines in the world. The luxury Qatar based airline has decided to scrap its first class seats on long haul flights, focusing more on business class. Recently, the airline also announced that the airline industry’s emission reduction goals are just a “PR exercise” and will miss its 2050 net zero target.

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