The global airline industry is constantly chastised for its inability to earn a long-term profit, let alone generate economic profit. But this perception isn’t completely accurate. In its new Aviation Insights Review (AIR) series, L.E.K. Consulting pays credit to those participants in the global aviation industry that have in fact generated attractive returns to shareholders – be they full service carriers, low cost carriers, regional carriers, U.S. carriers, airports, emerging market carriers, or manufacturers that have broken the mold.
L.E.K. uses economic profit as the relevant measure to gauge a company’s ability to meet the financial requirements of its stakeholders over time – whether it’s debt holders or shareholders. The new report features:
- The top-five highest performing full service carriers globally
- Two primary strategies that have helped leading full service carriers sustain superior performance