Top 5 Richest Airlines in the World

1. Southwest Airlines Co. (NYSE:LUV)

Total cash and cash equivalents of the company (in millions): $15,504

Total net profit of the company (in millions): $977

Gross margin of the company: 26.1%

Total net debt of the company (in millions): $0

Surprisingly topping the list of the 10 richest airlines in the world is Southwest Airlines Co. (NYSE:LUV). It may not have the highest revenue of any airline out there but Southwest Airlines Co. (NYSE:LUV) is the only airline among the top 15 in the world to not have any net debt, which is incredible for an airline in 2022. It also had gross margins of 26.1%, again something that most airlines would jump at considering costs have outstripped revenue in most companies. In fact, Southwest Airlines Co. (NYSE:LUV) was either first or second in every single category, allowing it to comfortably top the richest airline list.

Please also see 15 Largest Airlines in the World and 11 Best Airline Stocks To Buy Now.