Airline Industry Data for 2024 [Market, Global Flight Statistics & More]

Looking for a bird’s-eye view of the airline industry?

Your search ends here.

We’ve put together an exhaustive collection of the most recent airline industry stats, trends, and facts for 2023.

So—

Put your tray tables in their upright position and enjoy the read!

Top Airline Industry Statistics (Editor’s Picks)

• 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.

• 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.

• In 2023, Delta Air Lines was the world’s most valuable airline brand, valued at above $8.9B.

• As of June 2023, American Airlines dominates the US airline industry with a 17.5% domestic market share.

Financial Performance

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

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

• Global airline passenger revenue is projected to hit $546B in 2023.

• Despite its prior boom, the pandemic slashed global aviation profits to losses of -$137.7B in 2020 and -$51.8B in 2021.

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

• US airlines raked in close to $279.6B in operating revenue in 2022.

• Passenger fares brought in $155.12B for the US airline industry in 2022.

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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.

• In 2022, global airlines were estimated to serve over 3.7B scheduled passengers.

• In 2023, global passenger air traffic is projected to rise by 28.3%.

• Over 791M passengers were enplaned in the US in 2022.

• By 2037, the US anticipates around 1.4B air passengers.

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.

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

• The most budget-friendly US airport of 2022 is Harry Reid International (LAS), offering an average ticket cost of $264.24.

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.

• As of 2023, the US has 19 major commercial air carriers.

• Despite ranking in the top 20 for air infrastructure quality, the US recorded 872 civil airliner fatal accidents by 2023, the highest globally.

• 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.

If you believe your audience will be interested in any of the information we’ve provided, feel free to share it. Just remember to link back to this page as a credit to our work.

FAQ

Sources

• Airlines for America, “Impact”
• Brandirectory, “Airlines 50 2023”
• Bureau of Transportation Statistics, “Airline Financials 2022 Annual and 4Q 2022 Tables”
• Bureau of Transportation Statistics, “Airline Fuel Cost and Consumption”
• Bureau of Transportation Statistics, “Directive No 337 Air Carrier Groups 2023C”
• Bureau of Transportation Statistics, “Full Year 2022 US Airline Traffic Data”
• Bureau of Transportation Statistics, “Net Income All US Carriers”
• Bureau of Transportation Statistics, “Transtats”
• Bureau of Transportation Statistics, “US Cargo and Passenger Airlines Added 2,867 Jobs in April 2023; Employment Remains 8.4% above Pre-pandemic April 2019”
• CompaniesMarketCap, “Top Publicly Traded Airlines by Revenue”
• CompaniesMarketCap, “Top Publicly Traded Airports by Revenue”
• Department of Transportation, “Air Travel Consumer Report”
• FinanceBuzz, “2023 US Airport Cost Rankings: See How Airfare Compares at the Nation’s Busiest Airports”
• Forbes, “The Global 2000 2023”
• IBISWorld, “Global Airlines – Market Size”
• International Air Transport Association, “Industry Statistics”
• Mordor Intelligence, “Aviation Market Analysis, Share & Growth – Industry Overview”
• Salary.com, “Airline Pilot Salary”
• Statista, “Air Transportation in the US – Statistics & Facts”
• Statista, “Air Transportation – Statistics & Facts”
• Statista, “Operating Revenue of Selected Airline Groups in North America in 2022”
• The Aviation Safety Network, “Worst Geographical Regions”
• The Moodie Davitt Report, “Global Passenger Traffic Set to Double by 2037 to 8.2 Billion”
• The Moodie Davitt Report, “Hartsfield-Jackson Atlanta Tops ACI World Ranking of 20 Busiest Airports in 2022”
• Trip.com, “How Many Flights Per Day? Discover the Numbers Here”

Max Woolf

As a Digital PR specialist and a member of the Society of Professional Journalists (SPJ), Max has 5+ years of writing experience.
Over the course of his career, Max’s work has garnered significant attention, with features in numerous prominent publications such as The New York Times, Forbes, Inc., Business Insider, Fast Company, Entrepreneur, BBC, TechRepublic, Glassdoor, and G2.