AirAsia achieved the highest score in Aviation Week’s latest Top-Performing Airlines (TPA) study, underlining the dominance of smaller and niche carriers in this year’s rankings. Of the Top 10 overall, only Singapore Airlines (SIA)—in ninth position—comes from the category of carriers with annual revenues greater than $6 billion. Three are from the mid-size tier with revenues of $2-6 billion, and six have revenues of less than $2 billion. In every region, the smaller airlines are ...


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