Delta Air Lines was the most valuable airline in the world as of April 2022, with a market value of 28 billion U.S. dollars. This is a decrease from the previous valuation at 29.8 billion U.S. dollars in 2020. This is likely due to the COVID-19 pandemic, when all airlines around the world were forced to shut down their operations.
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 with 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.
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. Market turbulence has pushed down the minimum market value to be considered for the 2022 list to $7.6 billion compared to $8.26 billion in 2021, but the minimum for all other metrics is up over last year.
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Forbes. (May 12, 2022). Market value of selected airlines worldwide as of May 2022 (in billion U.S. dollars) [Graph]. In Statista. Retrieved December 06, 2022, from https://www.statista.com/statistics/275948/market-capitalization-of-selected-airlines/
Forbes. "Market value of selected airlines worldwide as of May 2022 (in billion U.S. dollars)." Chart. May 12, 2022. Statista. Accessed December 06, 2022. https://www.statista.com/statistics/275948/market-capitalization-of-selected-airlines/
Forbes. (2022). Market value of selected airlines worldwide as of May 2022 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: December 06, 2022. https://www.statista.com/statistics/275948/market-capitalization-of-selected-airlines/
Forbes. "Market Value of Selected Airlines Worldwide as of May 2022 (in Billion U.S. Dollars)." Statista, Statista Inc., 12 May 2022, https://www.statista.com/statistics/275948/market-capitalization-of-selected-airlines/
Forbes, Market value of selected airlines worldwide as of May 2022 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/275948/market-capitalization-of-selected-airlines/ (last visited December 06, 2022)