News and Research

2024 Big Book of Airline Data Reveals $918 Billion in Revenue for 2023, Up More Than 32% From Prior Year – Press Release

October 22, 2024
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IdeaWorksCompany, a foremost consultant on ancillary revenue, frequent flyer programs, and airline retail, has released the 5th edition of its annual data compendium: The Big Book of Airline Data by IdeaWorksCompany.

The new edition provides a world of data for individual airlines, regional compilations, airline alliances, employment data, and frequent flyer membership totals. The collection of data allows for interesting comparisons; here is a sampling of global results for 2023:

• Asia & Pacific airlines experienced the largest year-over-year traffic growth of 116.2%; the region also has the largest share of global traffic at 32.1%.
• Canada and US airlines remain the world’s largest revenue producers with a 29.4% share of global airline revenue. However, Asia & Pacific had the highest year-over-year growth of airline revenue at 80.9%.

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