Aviation Week releases top-performing airline rankings

11 Jul 2013  2047 | World Travel News

NEW YORK - Aviation Week has announced the results of its annual Top-Performing Airlines (TPA) study, featuring ranking lists that are the most comprehensive guide to the relative strength of the world's airlines.
This year's overall top performer is Allegiant Air, which also wins the small carrier division. Ryanair is the best of the large carriers, and Copa Airlines is the top mid-size company. Others to excel are All Nippon Airways, which is the best large airline that is not a low-cost carrier, and Australia's Regional Express, which scores second overall despite having the smallest revenues in the study.
The annual TPA study is based primarily on financial data from the last full calendar year. Carriers are scored in six categories – such as financial health, capital efficiency and business model performance – and then ranked by total score. Only publicly traded airlines are included.
Overall, the study presents a picture of an airline industry gradually becoming healthier, with better fiscal management throughout the sector. Of the 71 airlines tracked in the TPA study, 35 improved their total score through the end of 2012. This is much better than in the previous TPA study, when only 15 carriers improved their scores.
The results are featured in the July 1, 2013 issue of Aviation Week & Space Technology, with deeper data, analysis and expanded rankings tables available to AWIN (Aviation Week Intelligence Network) subscribers.
"Our airline rankings are not based on arbitrary selections or surveys, but on carefully constructed formulas with a wide range of data inputs," says Aviation Week Air Transport Editor Adrian Schofield. "The TPA study and rankings are unique, in that they compare airlines from all global regions in a truly objective manner."
Aviation Week's Top-Performing Airlines study provides a precise measure of airline strengths, weaknesses, and financial viability. It is reviewed by an advisory panel of prominent airline analysts, who also provide insights into the broader trends revealed by the study. They discuss how the data and rankings indicate which carriers are flourishing and those that are still vulnerable based on business models and geographic regions.
Airlines are ranked in three size groups, as well as overall. Despite a marked improvement among the large carriers, it's still the smaller niche airlines – such as Allegiant, Regional Express and AirAsia – that are the star performers. Four of the top six airlines overall are from the small category, and eight of the top 15.

Top 10 airline scores (all size categories)

    Allegiant Travel Co. (U.S.)
    Regional Express Holdings (Australia)
    AirAsia (Malaysia)
    Copa Holdings (Panama)
    WestJet Airlines (Canada)
    Spirit Airlines (U.S.)
    Ryanair Holdings (Ireland)
    EasyJet (U.K.)
    All Nippon Airways (Japan)
    Alaska Air Group (U.S.)

Sourced: TravelDailyNews

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