Passenger airlines - statistics & facts
Passenger airlines are finding their wings again. After being among the hardest-hit industries worldwide, a resurgence in global travel pushed the airline market's value to 785.4 billion U.S. dollars in 2023, nearing pre-pandemic levels, while passenger numbers exceeded those of 2019. Looking ahead, the market is projected to expand significantly, with global air passenger traffic forecast to surpass 10 billion travelers by 2050.
Passenger airlines move travelers using fleets that may be owned or leased and operate in different models: mainline carriers run central networks, regional airlines serve shorter routes, low-cost carriers offer basic services, and charter airlines fly outside regular schedules. Major airlines are those generating at least one billion U.S. dollars in annual revenue.
Although U.S. carriers maintain a strong financial and brand presence, their Asian counterparts excel in passenger satisfaction. Emirates ranked first globally, followed by Garuda Indonesia and Qatar Airways, with nine out of the top 10 most consumer-friendly carriers based in Asia.
Passenger airlines move travelers using fleets that may be owned or leased and operate in different models: mainline carriers run central networks, regional airlines serve shorter routes, low-cost carriers offer basic services, and charter airlines fly outside regular schedules. Major airlines are those generating at least one billion U.S. dollars in annual revenue.
Delta dominates in value, hubs, and punctuality
Delta Air Lines was the most valuable airline in the world as of April 2025, with a market valuation of 27.2 billion U.S. dollars. The Atlanta-based carrier also led the industry in brand value, followed by fellow U.S. giants United Airlines and American Airlines in the top three. Leading international players such as British Airways, Emirates, and China Southern Airlines also ranked among the global top ten. Delta’s dominance was further highlighted by its main hub, Hartsfield-Jackson Atlanta International Airport, which remained the world’s busiest airport in 2024. Beyond brand value and hub excellence, Delta recorded the strongest on-time performance in North America at 83.2 percent, while Iberia Express, a Spanish low-cost carrier, ranked as Europe’s most punctual airline with 89.9 percent on-time reliability. Worldwide, Aeroméxico took the punctuality crown.Although U.S. carriers maintain a strong financial and brand presence, their Asian counterparts excel in passenger satisfaction. Emirates ranked first globally, followed by Garuda Indonesia and Qatar Airways, with nine out of the top 10 most consumer-friendly carriers based in Asia.
