By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Travel Radar - Aviation NewsTravel Radar - Aviation News
  • Breaking News
  • Aviation
    • Aircraft
    • Airlines
    • Airshow & Events
    • Careers
    • Manufacturing
  • Travel
    • Airports
    • Points & Loyalty
    • Technology
    • Trip Reviews
  • Newsletters
Reading: Which Airline is the World’s Biggest in Terms of Assets?
Share
Sign In
Notification Show More
Font ResizerAa
Font ResizerAa
Travel Radar - Aviation NewsTravel Radar - Aviation News
  • Breaking News
  • Aviation
    • Aircraft
    • Airlines
    • Airshow & Events
    • Careers
    • Manufacturing
  • Travel
    • Airports
    • Points & Loyalty
    • Technology
    • Trip Reviews
  • Newsletters
Signin Sign In
Follow US
Copyright © Travel Radar Media Ltd. 2025 | All Rights Reserved
Travel Radar - Aviation News > News > Which Airline is the World’s Biggest in Terms of Assets?

Which Airline is the World’s Biggest in Terms of Assets?

Giacomo Amati
Last updated: 22 March 2021 13:02
By Giacomo Amati
5 Min Read
Share
Delta Airlines line-up. Photo by Miguel Ángel Sanz
SHARE

It’s no surprise that every airline worldwide has been hit very hard by the COVID-19 pandemic. Still, some carriers can rely on more significant assets than others. While we generally tend to classify airlines by profit or by the number of passengers they carry, let’s see how they rank if we consider airlines’ assets.

Summary
The Americans are on the podiumDelta Airlines and the pandemicDelta in the USA

The Americans are on the podium

It’s no wonder if you expected to find Middle Eastern airlines such as Emirates, Etihad or Qatar on the top of the list. But, as far as assets are concerned, it’s Americans who reach for the top. In fact, the first airline in the world in terms of assets is the American carrier Delta Airlines, with $ 72 billion worth of assets. This places Delta amongst one of the biggest carriers in the USA and the whole world.

Delta MD82 at Atlanta. Photo by Avery Murray

Delta Airlines is followed by its two direct national competitors: American Airlines, which holds $ 58,6 billion worth of assets, and United Airlines, with $ 53 billion. Europe follows the USA and holds fourth place in the rank with the German flag carrier Deutsche Lufthansa and its $ 48 billion. The French/Dutch group, Air France – KLM, is also ranked in this list, at the sixth place, with $ 35 billion of assets in its pockets. Then comes Asia, led by China Southern Air Holding, with $ 36 billion. Representing Asia, Singapore Airlines (9th) and Korean Air Lines Company (10th) also compare in the Top 10 ranking. Surprisingly, just one carrier based in the Middle East shows up on the list, in the seventh position: Qatar Airways, with $ 27.7 billion of assets. Another USA-based airline to appear on the list is Southwest Airlines, which is ranked eighth.

US airlines per asset

Delta Airlines and the pandemic

Relying on billions of assets can help but not prevent an airline from being hit by the tremendous aftermath of a pandemic. Delta’s planes got emptier during the second half of 2020, with Load Factor decreasing from 86.3% in 2019 to 55% in 2020. The net income of $ 4.8 billion the airline published in 2019 turned into a net loss of $ 12 billion in 2020. Furthermore, the airline’s operating revenue decreased by 174% from 2019 to 2020, markedly falling from $ 47 billion to just $ 12.9 billion.

Empty airport. Photo by Safwan Mahmud

No wonder that the past year has been one of the worst in the history of aviation. If we looked at Delta’s net income/loss graph, it would be like watching at a financial timeline. In fact, besides 2020, the last time Delta made a loss was during the 2008/2009 financial crisis, with – $ 8.9 billion and – $ 1,2 billion, respectively. This is a clear sign of the seriousness of the pandemic’s impact on the aviation industry. 

Delta in the USA

Even though Delta is the largest carrier in terms of assets in the USA, it only accounts for a third of the North American market share, namely 15.5%. The largest market share is owned by American Airlines with 19.3%, while Southwest Airlines places second with 17.49%. United owns the smallest market share amongst the American “big 4” (Delta Airlines, American Airlines, United Airlines and Southwest Airlines), namely 12.4%.

To keep up with such a significant market share, American Airlines needs a large team of full-time employees, which accounts for 94,700 people. Delta Airlines manages to operate its schedule with approximately 63% of American Airlines’ workforce, namely 60,000 people.

American Airlines planes. Photo by Joshua Hanson

Did you expect Delta Airlines to be the first airline in the world in terms of assets? Let us know in the comments below! 

You Might Also Like

Jet Airways is Looking for Pilots for September Launch
Fifth Freedom; What’s That?
Air India Ahmedabad-London Flight Crash: What we know so far
Belavia 737 Damaged Runway Lights and Engine on Landing
Cargolux 747 Could Not Retract Landing Gear
Share This Article
Facebook Twitter Email Copy Link
What’s your thoughts?
Love0
Sad0
Happy0
Angry0
Giacomo Amati
ByGiacomo Amati
Follow:
Aviation Reporter - Giacomo has been passionate about commercial aviation since his very childhood. Currently, he is pursuing a Master in Air Transport Management at the University of Surrey, UK. His expertise within the industry entails an internship with Emirates Airlines in Milan Malpensa airport and a bachelor's thesis on the financial status of the former Italian national carrier, Alitalia. Besides aviation, Giacomo loves foreign languages, German being his favourite one, and travelling.
Previous Article Icelandair Aircraft. Image Supplied By Icelandair. Volcano Erupts Near Keflavik Airport, Icelandic Air Traffic Unaffected
Next Article Sydney NSW floods 2021 SES Sydney Flooding Grounds Flights as Natural Disaster Declared
Subscribe
Login
Notify of
guest
guest
0 Comments
Oldest
Newest Upvoted
Inline Feedbacks
View all comments

Stay Connected

FacebookLike
TwitterFollow
InstagramFollow
YoutubeSubscribe

Trending News

Cathay congratulates the Belt and Road Summit on its 10th anniversary
10th Belt and Road Summit, Cathay Congratulates the Hong Kong Government
Airshow & Events Aviation Travel
IndiGo cargo
IndiGo expands its network to Purnea, its 94th domestic destination
Aviation Route Development
Lufthansa Technik's 100th LEAP engine Induction
Lufthansa Technik celebrates its 100th CFM LEAP engine induction
Aviation Manufacturing
Aerial View of Coastal Town with Lush Greenery in Dominica
Soaring Above the Rest: Why Aviation-Minded Investors Choose Dominica’s Citizenship by Investment Program
Aviation Travel
Work is already underway at Doncaster Sheffield Airport
Doncaster Sheffield Airport set to reopen following £160m funding grant
Airports
//

Travel Radar is the leading digital hub for all things aviation and air-travel. Discover our latest aviation news, aviation data, insight and analysis.

Discover

  • Latest News
  • Subscribe
  • Weekly Digest
  • Contact Us
  • Privacy Policy
  • About Us
  • Advertising
  • Media Coverage
  • Press & Events
  • Join Our Team
  • Our Brands

Signup to our Newsletter!

And get the latest aviation news via our weekly news digest!

© Travel Radar Media Ltd. 2015-2025 | ISSN #2635-0696 | Trademark #UK00003579704
wpDiscuz
adbanner
Welcome to the TR Community!

Sign in to your account

Not a member? Sign Up