28+ Airline Industry Statistics, Facts, and Trends [2023]

Airline industry statistics
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  • In 2023, the global airline industry was valued at nearly $841.5B.
  • In 2022, US airlines served 853M passengers, a rise from 658M in 2021.
  • The number of global airline flights will hit 34.4M in 2023.
  • The aviation market is set to expand from $333.96B in 2023 to $386.21B by 2028, with a 2.95% CAGR between 2023 and 2028.
The aviation market is set to hit $386.21B by 2028
  • Delta Air Lines, valued at around $22B as of May 2023, is the world’s most valuable airline.
  • In 2022, Delta Air Lines was North America’s top-earning passenger airline, with an operating revenue of ~$50.6B.
  • Global commercial airlines are projected to net $9.8B in profit in 2023.
  • Commercial aviation drives 5% of the United States GDP (roughly $1.25T.)

Market Share and Brand Valuation

  • Delta Air Lines, valued at around $22B as of May 2023, is the world’s most valuable airline.
Market Value of Chosen Airlines Worldwide (2023)In Billion USD
Delta21.81
Southwest17.65
United Airlines Holdings14.70
Singapore Airlines13.18
China Southern Airlines12.54
Deutsche Lufthansa12.10
All Nippon Airways10.36
International Airlines9.41
American Airlines Group9.05
Turkish Airlines8.88
China Eastern Airlines8.72
Air France-KLM4.12
  • In 2023, Delta Air Lines was the world’s most valuable airline brand, valued at above $8.9B.
Leading Air Carriers by Brand Value (2023)In Million USD
Delta8,922
American Airlines8,488
United7,782
Emirates Airlines5,104
Southwest4,703
China Southern Airlines3,229
China Eastern Airlines2,852
Air China2,603
Air Canada2,584
Qatar Airways2,470
  • As of June 2023, American Airlines dominates the US airline industry with a 17.5% domestic market share.
Top US Carriers by Domestic Market Share (Feb 2022 – Jan 2023)In %
American Airlines17.50
Delta Air Lines17.30
Southwest Airlines16.90
United Airlines15.60
Other8.10
Alaska Airlines6.20
JetBlue Airways5.50
Spirit4.90
Frontier3.30
SkyWest2.80
Hawaiian1.90

Financial Performance

  • In 2023, the global airline industry was valued at nearly $841.5B.
Global Airline Industry: Market Size (2018–2023)In Billion USD
2018855.74
2019868.18
2020391.22
2021498.63
2022785.64
2023841.44
  • Global commercial airlines are projected to net $9.8B in profit in 2023.
Global Commercial Airlines’ Net Profit: 2006–2021 & Forecast until 2023In Billion USD
20065
200714.70
2008-26.10
2009-4.60
201017.30
20118.30
20129.20
201310.70
201413.80
201536
201634.20
201737.60
201827.30
201926.40
2020-137.70
2021-41.90
2022-3.60
20239.80
  • Global airline passenger revenue is projected to hit $546B in 2023.
Global Passenger Air Traffic Revenue: 2005–2021 & Forecast until 2023In Billion USD
2005323
2006365
2007399
2008444
2009374
2010445
2011509
2012528
2013537
2014538
2015545
2016545
2017581
2018605
2019607
2020189
2021239
2022430
2023546
  • Despite its prior boom, the pandemic slashed global aviation profits to losses of -$137.7B in 2020 and -$51.8B in 2021.
Global Airlines’ Profits and Losses by Selected Regions: 2010–2022 (in Billion USD)WorldwideNorth AmericaEurope
201017.304.201.90
20118.301.700.30
20129.202.300.40
201310.707.401
201413.8011.101.90
20153621.707.10
201634.20178.50
201737.6017.808.90
201827.3014.509.10
201926.4017.406.50
2020 (pre-COVID)29.3016.507.90
2020 (post-COVID)-137.70-35.10-34.50
2021-51.80-5.50-20.90
2022-11.609.90-9.20
  • In 2022, Delta Air Lines was North America’s top-earning passenger airline, with operating revenue of ~$50.6B.
North American Airline Groups’ Operating Income (2022)In Billion USD
Delta Air Lines (US)50.58
American Airlines (US)48.97
United Continental (US)44.96
Southwest Airlines (US)23.81
Alaska Air Group (US)9.65
JetBlue Airways (US)9.16
Air Canada Group (Canada)12.17
Spirit Airlines (US)5.10
SkyWest, Inc. (US)3
Frontier Airlines (US)3.30
  • US airlines raked in close to $279.6B in operating revenue in 2022.
Operating Earnings of US Airlines (2004–2023 Q1)In Billion USD
2004134.66
2005151.54
2006165.53
2007174.70
2008186.09
2009155.05
2010174.68
2011193.04
2012196.11
2013200.24
2014207.71
2015205.36
2016209.30
2017222.24
2018240
2019248
2020131.47
2021194.71
2022279.59
2023 (Q1)68.4
  • Passenger fares brought in $155.12B for the US airline industry in 2022.
US Airline Passenger Fare Revenue: 2009–2022In Billion USD
200991.44
2010103.98
2011114.30
2012115.97
2013121.36
2014127.46
2015127.06
2016125.92
2017130.49
2018138.98
2019145.44
202049.89
202186.67
2022155.12

Traffic and Passenger Metrics

  • Based on recent estimates, about 100,000 flights occur daily, covering passenger, cargo, and military.
  • The number of global airline flights will hit 34.4M in 2023.
Global Airline Flights: 2004–2021 & Forecast until 2023In Millions
200423.80
200524.90
200625.50
200726.70
200826.50
200925.90
201027.80
201130.10
201231.20
201332
201433
201534
201635.20
201736.40
201838.10
201938.90
202016.90
202120.10
202227.70
202334.40
  • In 2022, global airlines were estimated to serve over 3.7B scheduled passengers.
Global Airline Passenger Boardings: 2004–2022In Millions
20041,994
20052,135
20062,255
20072,452
20082,489
20092,479
20102,695
20112,859
20122,991
20133,145
20143,328
20153,569
20163,817
20174,095
20184,378
20194,543
2020 (pre-COVID)4,723
2020 (post-COVID)1,807
20212,185
20223,781
  • In 2023, global passenger air traffic is projected to rise by 28.3%.
Annual Increase in Global Passenger Air Travel Demand: 2006–2021 & Forecast until 2023In %
20066.90
20077.90
20082.40
2009-1.20
20108
20116.30
20125.30
20135.70
20146
20157
20167.50
20178.10
20187.30
20194.10
2020-65.80
202121.80
202264.20
202328.30
  • Over 791M passengers were enplaned in the US in 2022.
Passengers Carried by Major US Air Carriers: 2010–2022In 1,000s
2010595,253
2011591,825
2012600,774
2013599,405
2014535,551
2015601,240
2016660,618
2017680,889
2018822,942
2019860,066
2020347,917
2021632,441
2022791,141
  • By 2037, the US anticipates around 1.4B air passengers.
Projected Passenger Volumes for 2037 by RegionIn Million Passengers
China1,600
US1,400
India572
Indonesia411
Thailand214

Infrastructure and Leading Airports

  • As of 2023, France’s Aeroports de Paris ranks as the world’s leading airport, with a revenue of $5.02B.
Major International Airport Groups by Earnings (2023)In Billion USD
Aéroports de Paris5.02
Aena4.73
Fraport3.56
Grupo Aeroportuario del Pacífico1.53
Corporación América Airports1.48
Grupo Aeroportuario del Sureste1.35
TAV Airports Holding1.20
Zurich Airport1.10
Shanghai Airport (AVINEX)0.97
Airports of Thailand0.88
  • In 2022, Hartsfield-Jackson Atlanta International Airport was the busiest airport, with nearly 93.70M passengers uplifted.
Busiest Global Airports by Passenger Count (2022)In Millions
Hartsfield–Jackson Atlanta International Airport93.70
Dallas Fort Worth International Airport73.36
Denver International Airport69.29
O’Hare International Airport68.34
Dubai International Airport66.07
Los Angeles International Airport65.92
Istanbul Airport64.29
Heathrow Airport61.61
Indira Gandhi International Airport59.49
Charles de Gaulle Airport57.47
  • The most budget-friendly US airport of 2022 is Harry Reid International (LAS), offering an average ticket cost of $264.24.
Most Affordable Airports in the US (2022)In USD
Harry Reid International Airport (LAS)264.24
Fort Lauderdale-Hollywood International Airport (FLL)271.78
Orlando International Airport (MCO)273.35
Oakland International Airport (OAK)288.23
Chicago Midway International Airport (MDW)303.05
LaGuardia Airport (LGA)318.49
Louis Armstrong New Orleans International Airport (MSY)320.25

Operational Aspects

  • The US airline industry employs 796,846 people as of April 2023.
  • In 2022, fuel consumption by US airlines totaled 16.66B gallons.
Combined Fuel Consumption by US Airlines: 2004–2022In Billion Gallons
200418.14
200518.32
200618.24
200718.43
200817.98
200916.23
201016.30
201116.35
201215.86
201315.90
201416.22
201516.73
201617.04
201717.30
201817.87
201918.27
202010.28
202113.78
202216.66
  • As of 2023, the US has 19 major commercial air carriers.
Major US Air Carriers: 2000–2023Number of Airlines
200015
200115
200215
200314
200415
200517
200621
200722
200822
200923
201021
201119
201218
201320
201420
201518
201617
201718
201817
201918
202018
202118
202319
  • Despite ranking in the top 20 for air infrastructure quality, the US recorded 872 civil airliner fatal accidents by 2023, the highest globally.
Civil Airliner Fatal Accidents by Country (1945–2023)Number of Accidents
United States872
Russia548
Canada193
Brazil193
Colombia185
UK110
Indonesia108
France105
Mexico101
India95
  • The typical US airline pilot salary spans $165,901 to $205,901, with an average of $184,801 as of 2023.
  • The hourly rental rate for the Boeing 737-300 is about $17,350.

Stacking It All Up

There you have it.

A comprehensive list of airline industry statistics, facts, and trends.

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FAQ

What airline has the largest market share globally?

As of June 2023, American Airlines dominates the US airline industry with a 17.5% domestic market share. It’s followed by Delta Air Lines (17.30%) and Southwest Airlines (16.90%).

How big is the airline industry?

In 2023, the global airline industry was valued at nearly $841.5B.

How much does the airline industry contribute to the US economy?

The airline industry drives 5% of the United States GDP. That’s the equivalent of around $1.25T.

How much do airline pilots make?

The typical US airline pilot salary spans $165,901 to $205,901, with an average of $184,801 as of 2023.

How much does it cost to fly a 737 per hour?

The hourly rental rate for the Boeing 737-300 is about $17,350.

What airport has the most flights per day?

In 2022, Hartsfield-Jackson Atlanta International Airport was the busiest US airport, with nearly 93.70M passengers uplifted.

How many flights happen per day?

Based on recent estimates, about 100,000 flights occur daily, covering passenger, cargo, and military.

What airline makes the most profit?

In 2022, Delta Air Lines was North America’s top-earning passenger airline, with an operating revenue of ~$50.6B.

How many people fly every year?

In 2022, US airlines served 853M passengers, a rise from 658M in 2021.

How big is the aviation market?

The aviation market is set to expand from $333.96B in 2023 to $386.21B by 2028, with a 2.95% CAGR between 2023 and 2028.

How much do airlines make a year?

Global commercial airlines are projected to net $9.8B in profit in 2023.

What’s Delta Air Lines’ market share?

As of 2023, Delta Air Lines holds the 2nd spot in the US airline industry, capturing 17.3% of the domestic market, while American Airlines leads at 17.5%.

What’s Southwest Airlines’ market share?

Southwest Airlines holds a 16.9% market share, ranking 3rd among US carriers, trailing Delta Air Lines (17.3%) and American Airlines (17.5%).

Sources