Top 100 by EBITDAR margin

摘要

EBITDAR margin continues to be a very appealing measure of management's success in running an airline and the viability of the airline's core business, independent of the financing strategies chosen. As not every airline has adopted IFRS 16, it remains the only metric that permits comparison of all airlines globally. There is a vast range in EBITDAR margin from best to worst in the most recent LTM periods. Indeed, only 52 airlines achieved positive EBITDAR margins. At the top are a number of dedicated cargo carriers, reflecting the buoyant market for freight in both volume and yields.