Foreign media commented on the world's richest airline TOP5
News from Civil Aviation Resource Network on November 18, 2022: InsiderMonkey has ranked the top five richest airline companies in the world.
Top5: Delta Air Lines
Total company cash and cash equivalents (millions of dollars): 11,319
Total net profit of the company (millions of dollars): 280
Company gross profit margin: -0.6 percent
Total company net debt (millions of dollars): 18,987
Delta Air Lines operates nearly 5,400 flights a day with a fleet of nearly 900 aircraft. Delta Air Lines flies to more than 50 countries and regions, serving more than 350 destinations.
Top4: United Airlines
Total company cash and cash equivalents (millions of dollars): 12431
Total net profit of the company (millions of dollars): -1964
Company gross profit margin: 2.9 percent
Total company net debt (millions of dollars): 15,080
United Airlines has a fleet of more than 850 aircraft and flies to nearly 350 destinations around the world.
Top3: Qatar Airways
Total company cash and cash equivalents (US$ million): 10,796
Total net profit of the company (millions of dollars): 1514
Company gross profit margin: 5.6 percent
Total company net debt (millions of dollars): 23,265
Qatar Airways flies to more than 150 destinations with more than 200 aircraft and more than 50,000 employees worldwide.
Top2: Alaska Airlines
Total company cash and cash equivalents (millions of dollars): 3920
Total net profit of the company (millions of dollars): 478
Company gross profit margin: 21.9 percent
Total company net debt (millions of dollars): 2069
Alaska Airlines is one of the largest airlines in North America. At present, Alaska Airlines has more than 16,000 employees, and its main hub is Seattle-Tacoma International Airport.
Top1: Southwest Airlines
Total company cash and cash equivalents (US$ million): 15,504
Total net profit of the company (millions of dollars): 977
Company gross profit margin: 26.1 percent
Total Company Net Debt ($M): 0
Southwest Airlines tops the list of the richest airlines. It may not have the highest level of revenue, but Southwest Airlines is the only airline in the world's top 15 without any net debt.