Emirates' service between Heathrow, Dubai features high on the list
Top highest earning airline routes
- A Monitor Report01 Sep, 2019 | 785 Views|-+
London : British Airways' service between London Heathrow and JFK New York has retained its spot as the world's highest grossing airline route, earning revenues of over USD 1.15 billion in the last year, according to a new report from airline data firm OAG.
It is the only route to break the 'billion-dollar barrier' and also reported an increased revenue per hour of some 10 per cent in the 12 months from April 2018 to March 2019.
"With over 30 per cent of BA seats on the route in either first or business class, the importance and the value of the route is clear to see," the report said.
Ranking high on the list - in the third spot - was Emirates' service between Dubai and London Heathrow. The route generated over USD 796 million in revenues during the year, with hourly income reaching USD 24,926.
Overall, the top 10 routes and airlines this year are unchanged compared to the previous year, and together brought in revenues of more than USD 6 billion, the report said.
However, on a revenue per hour basis, nine have seen a reduction suggesting growing levels of competition "both directly from other airlines and indirect routes".
"The linkage between available capacity and revenue is perhaps best highlighted by five of the top 10 routes operating from Heathrow which in part explains why long-haul airlines rush to fill available slots and existing carriers protect their networks," said the report.
However, the Singapore-Jakarta service offered by Singapore Airline disproves the theory that "only long-haul flights can generate significant revenues", the report stated.
The route is the highest revenue producer in the world based on hours flown, generating nearly USD 39,000 per hour flown.
"Ultimately of course, revenue alone is just a metric and for many of these routes, high frequency wide-bodied services means high operating costs," said OAG's John Grant.
"It is equally likely that for each of these airlines, operating profits are amongst the highest on their respective networks.
"Our analysis suggests that there is unlikely to be any great movement either in or out of these tables in the next few years until capacity becomes available and then of course at both ends of the route which for many of these airlines will ensure their status for some time," he added.