Forbes Global 2000: The World’s Largest Airline & Aerospace Companies In 2022

  • 📰 Forbes
  • ⏱ Reading Time:
  • 34 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 53%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

Commercial airlines soared back up in the ranks of 2022 Forbes Global 2000 list after their steep drop last year in response to the Covid-19 pandemic.

With travel restrictions being lifted and offices opening up, business and leisure travel demand has picked up. Airline companies have been scrambling to meet that demand through training and hiring more pilots and staff.

Despite these conditions, Delta Air Lines managed to jump 101 spots to No.614. Southwest Airlines, the big winner, jumped 227 spots to No. 630 while United Airlines and American Airlines experienced a slower recovery in comparison. The world’s largest aerospace company, Raytheon Technologies Corporation, No. 109 on the list, booked $3.8 billion in profit and $64.3 billion in sales in the year ending April 2022. The Massachusetts-based company was founded by three Cambridge scientists who focused on new refrigeration technology before shifting gears. Today it provides aerospace and intelligence services to ​​commercial, military and government customers.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 394. in ZA

South Africa South Africa Latest News, South Africa South Africa Headlines