5 Best Airlines in the World in 2023

In this article, we discuss 5 best airlines in the world in 2023. If you want to read our detailed analysis of the airline industry, check out 20 Best Airlines in the World in 2023

5. All Nippon Airways

Insider Monkey’s Average Ranking: 5

All Nippon Airways is a Japanese airline catering to domestic and international destinations. All Nippon Airways became a member of Star Alliance in 1999. Its main hubs are located at Haneda Airport and Narita International Airport in Tokyo. In the fiscal year ending March 31, 2023, All Nippon Airways’ net sales climbed to 1,707.4 billion yen, a 67.3% increase compared to the prior fiscal year. The operating income was 120.0 billion yen, up from a loss of 173.1 billion yen in the previous fiscal year. It is one of the best airlines in the world. 

4. Korean Air

Insider Monkey’s Average Ranking: 4

Ranking 4th on our list of the best airlines in the world is Korean Air, the largest airline in South Korea and the country’s flag carrier. Korean Air is part of SkyTeam and SkyTeam Cargo, being a founding member of both airline alliances. Its primary hubs are Gimpo International Airport and Incheon International Airport. Korean Air has travel routes across 120 cities in 43 countries, and the airline has a fleet of 157 aircrafts. 

3. Qantas

Insider Monkey’s Average Ranking: 3

Qantas is the flag carrier of Australia, with its primary hubs at Brisbane Airport, Melbourne Airport, and Sydney Airport, and the secondary hubs being Adelaide Airport and Perth Airport. Qantas is a founding member of the Oneworld airline alliance. The airline suffered about $7 billion in statutory losses during the peak pandemic years, and after three years the Qantas Group finally posted a profit for the first half of FY23. It remains one of the best airlines in the world. 

2. Singapore Airlines

Insider Monkey’s Average Ranking: 2

Singapore Airlines is the flag carrier of Singapore, with its primary hub at Singapore Changi Airport. The airline is a member of Star Alliance. For the full year ended March 21, 2023, Singapore Airlines reported record revenue, operating profit, and passenger load factor. The airline also declared a final dividend of 28 cents per share. Group revenue increased by $10,160 million or 133.4% year-over-year to a record $17,775 million. Singapore Airlines is one of the best airlines in the world. 

1. Qatar Airways 

Insider Monkey’s Average Ranking: 1

Qatar Airways ranks 1st on our list of the best airlines in the world. It is the flag carrier of Qatar and a member of the Oneworld airline alliance. Qatar Airways was awarded the ‘Airline of the Year’ title at the 2022 Skytrax World Airline Awards. It flies to over 160 destinations worldwide, with Hamad International Airport in Doha as its primary hub.

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