Delta Air Lines was the most valuable airline in the world as of May 2023, with a market value of 34 billion U.S. dollars. Ryanair Holdings ranked second, with 22.7 billion U.S. dollars worth of market value.
Market valuation
The market value of a company usually refers to the market capitalization of a publicly held company and is calculated by multiplying the number of shares by the current share price. A company’s market value is also an indicator of its business prospects. Various other factors, such as profitability, debt load, earnings before tax, depreciation, and amortization (EBITDA), are also considered.
The world’s leading airlines
Southwest Airlines is the world’s largest low-cost carrier and the third leading domestic carrier in the United States, operating from its main hub at Dallas Love Field in Texas. Also referred to as Delta, the airline is one of the among the largest airlines in the world in terms of passengers carried. With its headquarters at the world’s busiest airport, Hartsfield-Jackson Atlanta International Airport, the airline is a member of the SkyTeam airline alliance.
Market value of selected airlines worldwide as of May 2024
(in billion U.S. dollars)
Each company making the list has to be public. The source uses the latest-12-months’ financial data available to them. Forbes Global 2000 ranks the largest companies in the world using four metrics: sales, profits, assets, and market value.
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Forbes. (June 6, 2024). Market value of selected airlines worldwide as of May 2024 (in billion U.S. dollars) [Graph]. In Statista. Retrieved September 20, 2024, from https://www.statista.com/statistics/275948/market-capitalization-of-selected-airlines/
Forbes. "Market value of selected airlines worldwide as of May 2024 (in billion U.S. dollars)." Chart. June 6, 2024. Statista. Accessed September 20, 2024. https://www.statista.com/statistics/275948/market-capitalization-of-selected-airlines/
Forbes. (2024). Market value of selected airlines worldwide as of May 2024 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: September 20, 2024. https://www.statista.com/statistics/275948/market-capitalization-of-selected-airlines/
Forbes. "Market Value of Selected Airlines Worldwide as of May 2024 (in Billion U.S. Dollars)." Statista, Statista Inc., 6 Jun 2024, https://www.statista.com/statistics/275948/market-capitalization-of-selected-airlines/
Forbes, Market value of selected airlines worldwide as of May 2024 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/275948/market-capitalization-of-selected-airlines/ (last visited September 20, 2024)
Market value of selected airlines worldwide as of May 2024 (in billion U.S. dollars) [Graph], Forbes, June 6, 2024. [Online]. Available: https://www.statista.com/statistics/275948/market-capitalization-of-selected-airlines/