AIRLINE tickets don’t come cheap but have you ever wondered exactly how much airlines make from your travels?
According to new data from air travel intelligence company OGA, some airlines are making billion-dollar profits on specific routes.
British Airways’ flight between London Heathrow and New York’s JFK. Are in the list of the world’s 10 highest-earning airline routes, making over a billion dollars per year.
This route alone earned British Airways six percent of its total revenue in 2017. This amounts to US$24,639 per hour.
However, Emirates’ route between London Heathrow and Dubai takes the lead in the most profitable per hour, scoring an impressive US$25,37 every 60 minutes.
While the route doesn’t quite make the billion-dollar mark, it still generates a whopping US$819 million a year, cementing its position as third on the list.
Moving away from Heathrow is Qantas’ Melbourne to Sydney route which runs 65 times per day on average.
With such a high frequency. It probably comes as no surprise they’re second on the list generating US$854 million per year with over 32,000 hours of scheduled flying.
Asia-Pacific-based airlines make up the majority of the top 10 most lucrative airline routes in the world.
Singapore Airlines appears twice on the list with its London Heathrow to Singapore and Sydney to Singapore routes coming in at fourth and tenth.
The combined totals fly past a billion dollars in revenues and clock up over 65,000 scheduled flying hours.
Hong Kong-based airline Cathay Pacific features seventh on the list with U$631 million generated from it’s Hong Kong to London Heathrow route.
And Qatar Airways follows closely in eighth place, making US$552 million a year with 48,253 scheduled flying hours.
“All of the top 10 routes are also high-cost operations, combining generally wide-bodied services with high frequency,” OAG said in a statement.
“Typically, these routes also include a high proportion of business traffic, later booking and higher yielding in nature. Whilst the cost of operating may be high, at least the revenues are likely to be even higher.”