Ranking The World’s Airlines

Aviation Week released its annual Top Performing Airlines study this week, and as always, the rankings reveal some surprising results and interesting trends.

 

Basically, the TPA study is aimed at finding which carriers are strongest financially – and which are struggling. This year we include 67 airlines from around the globe. We rank them from first to last, and also divide them into three size categories (determined by annual revenue).

 

The Aviation Week coverage of the TPA rankings can be seen here, along with summary rankings tables, and analysis by a panel of leading aviation experts.

 

In addition, Aviation Week Intelligence Network (AWIN) subscribers can access much more in-depth TPA data on this microsite, including detailed rankings tables, and a page of data and scores for each airline. There is an impressive amount of information to be found here.

 

As for the rankings headlines…. Copa Airlines is first overall and first in the mid-size category, narrowly beating last year’s winner Allegiant Air, which remains best in the small category. Japan Airlines is the top large carrier.

 

A couple of things set the TPA study apart from similar airline lists. First, we compare carriers from all global regions, representing all sizes and business models. This allows us to gain valuable insights into how various sectors of the industry are succeeding relative to others.

 

Secondly, the scoring system and rankings are not subjective – they are completely objective. We do not pick the winners, we let the scoring formulas tell us who should be ranked highest.

 

There is quite a complex process behind the airline rankings. We use a wide range of operational and financial data from the last full calendar year, which is run through a series of formulas to give us scores between one and 99 in four areas – financial health, earnings performance, capital efficiency and business model performance. This also gives us an overall score for each carrier.

We only include publicly-traded airlines, as their data reporting is more extensive. This means major Middle East carriers and others like Virgin Atlantic do not appear in the rankings.

Check out the links above to see the full rankings and in-depth analysis, but here are a few more highlights:

-         -  Delta was one of the most-improved airlines this year, and was easily the strongest of the U.S. majors. It was also third in the large airline category.

-          - EasyJet and Ryanair were both in the top 10, but this year EasyJet overtook Ryanair to be the highest-ranked European carrier.

-          - Almost all of the large carriers that have completed mergers in recent years saw their scores rise.

-          - Three of the top five overall – Allegiant, Spirit, and Regional Express Holdings – were from the small category.

-          - Latin America was the region with the largest increase in median scores, as all carriers from this region improved.

-          - Asia-Pacific was the only region with a median score decline. Of the 30 carriers overall that saw their scores drop, 19 were from the Asia-Pacific region.

Please or Register to post comments.

What's Things With Wings?

Aviation Week's civil aviation blog

From The Archives

Aviation Week is approaching its 100th anniversary in 2016. In a series of blogs, our editors highlight editorial content from the magazine's long and rich history.

 

Aug 27, 2015
blog

Aviation Week Lifts Veil On Boeing B-52 Bomber (1952) 14

In 1952, Aviation Week provided the first details on the new Boeing B-52 bomber....More
Aug 14, 2015
blog

Bonanza Travel Pays 3

The legendary Beechcraft Bonanza has an impressive production record, so perhaps the marketers back in 1949 were onto something when they coined the phrase "Bonanza travel pays."...More
Aug 14, 2015
blog

Venerable Boeing 727 Prototype To Fly Again 28

The most famous 727, the prototype aircraft which would join United as N7001U, was delivered to the airline in October 1964 having served its time as a Boeing test aircraft....More
Aug 13, 2015
blog

Aviation Week And The Bomb

Aviation News did not predict how nuclear weapons would change the world. But neither did anyone else....More
Aug 13, 2015
blog

Collins Radar Takes The Ups And Downs Out Of Flying

Turbulence? Rockwell Collins had a solution for those bumpy rides in the early 80s with its WXR-700 Doppler Weather Radar....More
Blog Archive
Penton Corporate

Sponsored Introduction Continue on to (or wait seconds) ×