Airlines with Highest Revenues in 2025: Top 10 Global Carriers Ranked.
Revenue rankings reveal the world’s leading airlines and reflect strong post-pandemic recovery and global travel demand.
The aviation industry’s financial performance in 2025 highlights the dominance of major network carriers, with Delta Air Lines securing the top position by revenue at USD 62.92 billion, alongside strong earnings of USD 6.57 billion. U.S.-based airlines continued to benefit from robust domestic demand and premium travel growth.
European airline groups also showed solid financial strength, with Lufthansa Group, International Airlines Group (IAG), and Air France–KLM Group ranking among the top ten. These carriers leveraged international connectivity, cargo operations, and cost optimization to improve profitability.
Middle Eastern and Asian airlines maintained significant global presence, as Emirates posted high earnings despite ranking seventh in revenue, while Chinese carriers such as China Southern Airlines and Air China reflected mixed financial results amid market challenges. Overall, the rankings demonstrate a resilient and competitive global aviation industry in 2025.
Top 10 Airlines by Revenue (2025):
Air China – Revenue: $23.41B | Earnings: -$140M
Delta Air Lines – Revenue: $62.92B | Earnings: $6.57B
United Airlines Holdings – Revenue: $58.36B | Earnings: $5.49B
American Airlines – Revenue: $54.29B | Earnings: $2.60B
Lufthansa Group – Revenue: $43.92B | Earnings: $3.04B
International Airlines Group (IAG) – Revenue: $37.38B | Earnings: $4.86B
Air France-KLM Group – Revenue: $35.90B | Earnings: $2.76B
Emirates – Revenue: $34.90B | Earnings: $5.8B
Southwest Airlines – Revenue: $27.55B | Earnings: $610M
China Southern Airlines – Revenue: $24.49B | Earnings: $670M
