World Airline Financial Results 2Q 2017

2017 financial results for airlines worldwide, highlighting operating revenues, operating expenses, operating profits/losses and net income/losses for each airline's 2017 fiscal year second-quarter or equivalent, generally covering April-June 2017.

NM = Not Meaningful % comparison

Source: ATW research, direct airline reports.

 



Airline/Airline Group/LessorRegion2Q 2017 Operating Revenue ($, 000)2Q 2016 Operating Revenue ($, 000)2Q Operating Rev. % Chg. 2017/20162Q 2017 Operating Expense ($, 000)2Q 2016 Operating Expense ($, 000)2Q Operating Exp. % Chg. 2017/20162Q 2017 Operating Profit/Loss ($, 000)2Q 2016 Operating Profit/Loss ($, 000)2Q Operating profit/Loss % Chg. 2017/20162Q 2017 Net Income/Loss ($, 000)2Q 2016 Net Income/Loss ($, 000)2Q Net Income/Loss % Chg. 2017/2016Notes
Aegean Group Europe340,910291,62216.9263,213251,1194.877,69740,50391.818,027-2,510NM
AerCap Holdings (lessor)Europe1,263,7501,239,4962.0941,031975,627-3.5322,719263,86922.3282,880233,27321.3
Aeroflot GroupEurope3,961,8303,775,6604.93,831,9903,383,46013.3129,840392,201-66.948,75141,61617.11H FY 2017; Jan-June 2017
Air ArabiaAfrica / Middle East246,613243,3471.3209,322215,310-2.837,29128,03733.043,00835,65820.6
Air CanadaNorth America3,001,9402,654,91013.12,786,2002,442,25014.1215,741212,6701.4230,328142,80361.3
Air ChinaAsia - Pacific8,578,7307,893,3208.77,031,0206,072,92015.81,547,7101,820,400-15.0486,423505,585-3.81H FY 2017; Jan-June 2017
Air FranceEurope4,540,9004,365,0004.04,330,9704,249,7701.9209,931114,74083.0NANANM
Air France-KLM Group Europe7,535,8407,090,8806.36,969,9406,729,2103.6565,901361,67556.5418,72146,778795.1Air France-KLM Group includes: Air France, KLM, HOP! and Transavia
Air Lease Corp. (lessor)North America380,957350,1398.8225,088207,8688.3155,869142,2719.6100,92591,8039.9
Air New Zealand Group Asia - Pacific1,934,0702,030,960-4.81,528,8301,347,55013.5405,234683,408-40.7190,286200,491-5.12H FY 2017; Jan-June 2017
AirAsia Berhad / AirAsia Malaysia Asia - Pacific553,428377,79146.5433,232284,33852.4120,19693,45328.6139,880341,882-59.1
AirAsia Berhad Associate Companies (AirAsia India & AirAsia Japan)Asia - Pacific53,82929,20784.357,57631,92980.3-3,478-2,722NM-3,777-3,148NMoperating segment of AirAsia Berhad
AirAsia X BerhadAsia - Pacific241,152205,50717.3239,527200,84619.31,6254,661-65.111,0392374,557.8
Aircastle Ltd (lessor)North America223,534189,98817.7244,386171,91842.2-8,88720,389NM-7,11620,030NM
Alaska Air GroupNorth America2,102,0001,494,00040.71,609,0001,076,00049.5493,000418,00017.9296,000260,00013.8
Allegiant Travel Co. North America400,614344,85116.2315,418240,37531.285,196104,476-18.548,47560,847-20.3
American Airlines Group North America11,105,00010,363,0007.29,570,0008,612,00011.11,535,0001,751,000-12.3803,000950,000-15.5
ANA HoldingsAsia - Pacific4,020,4603,599,46011.73,793,4902,473,07053.4226,079125,50080.1453,93758,745672.71Q FY 2017; April-June 2017
Atlas Air Worldwide HoldingsNorth America517,366443,27216.7458,888422,4488.658,47820,824180.838,93920,54789.5
Austrian Airlines Europe742,745652,61213.8700,531643,4858.942,2149,127362.5NANANM
Avianca HoldingsLatin America / Caribbean1,092,057966,19013.01,029,912940,6579.562,14525,533143.410,639-23,194NM
Aviation Capital Group LLC (lessor)North America222,687241,126-7.6172,349206,891-16.750,33834,23547.057,64019,904189.6
AzulLatin America / Caribbean523,487438,61319.4491,591438,21812.231,8663957,967.3-10,298-36,483NM
BOC Aviation (lessor)Asia-Pacific670,493579,15015.8401,955339,64918.3268,538239,50112.1240,125212,18813.21H FY 2017; Jan-June 2017
Cathay Pacific Group Asia - Pacific5,875,3205,852,9000.46,199,9805,767,8307.5-218,31685,072NM-262,77445,226NM1H FY 2017; Jan-June 2017
China Aircraft Leasing Group (CALC) (lessor)Asia-Pacific161,175131,52822.5117,25588,58232.443,92088,582-50.431,86330,7493.61H FY 2017; Jan-June 2017
China Eastern AirlinesAsia - Pacific7,075,2406,832,0303.66,279,2805,557,02013.0795,9651,275,020-37.6648,564471,68337.51H FY 2017; Jan-June 2017
China Southern Airlines Asia - Pacific8,888,2807,974,39011.57,812,2506,512,91020.01,076,0301,461,480-26.4412,723467,998-11.81H FY 2017; Jan-June 2017
Chorus Aviation/JazzNorth America255,942238,0867.5226,431211,6667.029,51126,41911.731,33018,16372.5
Copa HoldingsLatin America / Caribbean578,087494,79816.8495,127460,2127.682,96034,586139.962,99754,52715.5
Delta Air LinesNorth America10,791,00010,447,0003.38,763,0008,024,0009.22,028,0002,423,000-16.31,224,0001,546,000-20.8
easyJet Europe1,798,7601,551,06016.01,630,1701,474,54010.6168,59376,515120.3NANANM3Q FY 2017; April-June 2017
El Al Israel AirlinesAfrica / Middle East540,859537,4790.6433,579413,6534.8107,280123,826-13.416,40535,011-53.1
EVA Airways Corp.Asia - Pacific1,321,3801,132,97016.61,253,3601,066,10017.668,01866,8651.759,77845,81430.5
FedEx Express North America8,652,0008,460,0002.38,219,0007,850,0004.7433,000610,000-29.0596,000715,000-16.61Q FY 2018, June-Aug 2017; Revenue, Expenses, Op Profit is for FedEx Express; Net income is for for FedEx Corp.
Finnair GroupEurope722,665649,87411.2621,008649,646-4.4101,65722844,486.476,214-1,255NM
FLY Leasing Ltd (lessor)Europe79,83277,9342.476,00970,6877.53,8237,247-47.22,8804,677-38.4
Flybe Group Europe243,293215,92912.7NANANANANANMNANANM1Q FY 2017/2018; April-June 2017
flydubaiAfrica / Middle East680,500619,2559.9NANANANANANM-38,789-24,471NM1H FY 2017; Jan-June 2017
Garuda IndonesiaAsia - Pacific977,491908,0147.71,092,203963,38513.4-105,163-53,608NM-184,674-64,026NM
GOL Linhas AereasLatin America / Caribbean678,222634,5146.9670,906686,763-2.37,716-52,066NM-144,16976,702NM
Grupo AeromexicoLatin America / Caribbean810,976690,25917.5785,248668,77217.425,72821,48619.7-29,4681,563NM
Grupo Viva AerobusLatin America / Caribbean104,47673,60042.095,26866,60043.036,44427,20034.08,3156,44529.0
Hainan Airlines Asia - Pacific4,200,9302,800,62050.03,626,0602,063,61075.7574,864737,005-22.0176,881246,160-28.11H FY 2017; Jan-June 2017
Hawaiian HoldingsNorth America675,335594,59013.6532,786470,63813.2142,549123,95215.080,43379,5701.1
Icelandair GroupEurope368,887331,35511.3326,630277,46617.742,25753,889-21.611,25626,169-57.0
IndiGoAsia - Pacific920,702733,00925.6746,885617,57320.9173,817115,43650.6125,40091,48637.11Q FY 2017-2018; April-June 2017
International Airlines Group (IAG)Europe6,793,1006,512,4304.35,940,8205,803,9102.4852,275708,51820.3616,102513,41920.0IAG includes Aer Lingus, British Airways, Iberia, Level and Vueling
JAL GroupAsia - Pacific2,801,9502,645,3005.92,581,2102,448,5905.4219,848195,81612.3173,564130,84132.71Q FY 2017, Apil-June 2017
Jazeera AirwaysAfrica / Middle East46,10142,1169.538,58636,2226.57,2445,89422.97,5746,41118.1
Jet AirwaysAsia - Pacific920,450825,73611.5903,434809,23011.617,01616,5063.18,2714,001106.71Q FY 2017-2018; April-June 2017
JetBlue AirwaysNorth America1,842,0001,643,00012.11,488,0001,330,00011.9354,000313,00013.1211,000181,00016.6
Juneyao Airlines Asia - Pacific869,666700,15424.2692,784524,75732.0176,881175,4070.892,111104,684-12.01H FY 2017; Jan-June 2017
KLM Europe3,079,3702,815,0009.42,717,7002,611,3604.1361,675178,200103.0NANANM
Korean Air Asia - Pacific2,539,7502,463,6903.12,388,5002,324,6802.7151,248139,0098.8-174,854-219,441NM
LATAM Airlines GroupLatin America / Caribbean2,273,7342,110,6337.72,225,5312,109,3275.548,2031,3063,590.9-138,038-92,075NM
Lufthansa German Airlines Europe4,972,1704,627,6107.44,581,9704,516,9401.4390,198110,670252.6NANANM
Lufthansa GroupEurope10,565,0009,271,20014.010,149,7009,305,4309.1415,299-34,228NM844,288498,58669.3
Lufthansa Point-to-Point AirlinesEurope1,242,470621,80799.81,233,350648,04890.39,127-26,241NMNANANMincludes Eurowings, Germanwings, Brussels Airlines and Sun Express
NOK Air Asia - Pacific99,59887,29514.1117,668108,0019.0-18,070-20,704NM-22,009-25,400NM
NOKScootAsia - Pacific38,10228,36234.341,62832,83426.8NANANM-3,747-4,510NM
Norwegian Europe924,887788,99817.2807,127555,19145.4117,748233,806-49.6128,43088,67444.8
Pegasus AirlinesEurope347,882226,81853.4338,036249,42535.59,846-22,607NM45,526-3,524NM
Royal JordanianAfrica / Middle EastNANANANANANANANANA-36,926NANM1H 2017; Jan-June 2017
RyanairEurope2,179,5201,925,21013.21,654,4601,575,1705.0525,056350,03750.0453,063291,50855.41Q FY 2018; April-June 2017
SASEurope1,434,3801,307,8609.71,188,3801,171,8201.4245,994136,03780.8180,32594,56890.73Q FY 2016/2017; May-July 2017
SIA Group Asia - Pacific2,798,9902,649,4105.62,595,5902,509,4703.4203,394139,94245.3176,521219,547-19.61Q FY 2017/2018; April-June 2017
SkyWest North America809,759801,3381.1703,163717,201-2.0106,59684,13726.750,47740,24425.4includes ExpressJet Airlines
Southwest AirlinesNorth America5,744,0005,384,0006.74,494,0004,108,0009.41,250,0001,276,000-2.0746,000820,000-9.0
SpicejetAsia - Pacific289,021235,22222.9265,013215,80522.81,5531,26622.727,09023,03917.61Q FY 2018; April-June 2017
Spirit AirlinesNorth America701,682584,13320.1568,946462,29823.1132,736121,8358.978,14373,0846.9
Spring Airlines Asia - Pacific751,745586,65628.1737,005522,83141.014,74063,825-76.981,660109,099-25.2
SWISS Europe1,380,5301,266,4309.01,259,5901,209,3904.2120,93957,047112.0NANANM
Thai AirAsia Asia - Pacific245,333228,3587.4233,668205,93513.511,66522,423-48.09,11222,555-59.6operating segment of AirAsia Berhad
Thai Airways Int'l.Asia - Pacific1,327,6801,211,9409.51,373,0001,264,3008.6-45,312-52,365-13.5-153,127-85,834NM
Turkish Airlines Europe2,617,0002,444,0007.12,477,0002,650,000-6.5140,000-206,000NM-61,000-226,000NM
United Continental HoldingsNorth America10,000,0009,396,0006.48,601,0008,336,0003.21,399,0001,060,00032.0818,000588,00039.1
UPS AirlinesNorth America1,752,0001,637,0007.0NANANANANANM1,384,0001,269,0009.1Revenue is for domestic package Next Day Air; Net Profit is for entire UPS
Utair Aviation Europe539,804568,481-5.0553,299539,8042.5-13528,677NM-62,415-11,554NM1H FY 2017; Jan-June 2017
VolarisLatin America / Caribbean333,835286,34316.6331,671264,68825.32,16421,655-90.0-29,01552,164NM
WestJetNorth America810,007728,84511.1750,090681,68410.059,91747,16027.137,13428,14232.0
Wizz Air (airline)Europe532,472NANA461,734NANA70,738NANM66,516NANM1Q FY 2018; April-June 2017
Wizz Air GroupEurope535,438416,32528.6464,815366,23926.970,62450,08741.066,28857,84514.61Q FY 2018; April-June 2017


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